The "greening" of the financial sector is well underway. With new and upcoming regulations, financial market participants face growing pressure to understand and implement increasingly complex legal obligations.

On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") issued the Circular CSSF 22/807 updating the amended Circular CSSF 12/552 on central administration, internal governance...

While the CSSF approves of the overall level of compliance with the UCITS and AIFMD framework with regard to the delegation of the portfolio management function, it has nonetheless issued several recommendations.

On 1 July 2025, ESMA published an educational note for market participants about the use of ESG credentials in non-regulatory communications, containing practical recommendations built around four guiding principles.

The draft RTS referred to in our newsflash of 15 March 2017 have finally been adopted. The draft RTS referred to in our newsflash of 15 March 2017 have finally been adopted.

Regulation (EU) 2017/1991 amending regulations (EU) No 345/2013 on European Venture Capital Funds (EuVECAs) and (EU) No 346/2013 on European Social Entrepreneurship Funds...

On 27 January 2020, the CSSF published a press release in which it reminded UCITS management companies and self-managed UCITS that their KIIDs needed to include the necessary changes required to comply with the disclosure obligations.

The objective of the AML/CFT Survey is to collect key standardised information on the money laundering and terrorist financing ("ML/TF") risks to which professionals under CSSF supervision...

The European Banking Authority published a report on money laundering and terrorist financing risks associated with EU payment institutions. The report finds that these risks may not be assessed and managed effectively by stakeholders.

New Regulation (EU) 2025/2073 updates the lists of insolvency proceedings and practitioners given in Annexes A and B, thus aligning with Luxembourg's law on business preservation and modernisation of bankruptcy law.

On 14 October 2020, the Luxembourg government filed the 2021 budget bill of law (n°7666) with the Parliament.

You are cordially invited to our October 29th online event, the second in our NY Webinar Series, which will focus on ATAD 1 and 2: Where do we stand?

The DAC 6 Bill requires certain intermediaries to report to their tax authorities cross-border arrangements that contain at least one of the hallmarks laid down in the DAC 6.

On 7 November 2022, the French and Luxembourg governments signed an amendment to paragraph 3 of the protocol to the existing treaty between the two countries for the avoidance of double taxation...

The ACD and the AEDT have signed a memorandum containing instructions for implementing the amended law of 19 December 2008 on inter-administrative and judicial cooperation...

The 2021 draft Italian budget law provides for new interesting tax measures applicable from 1st of January 2021 that will undoubtedly enhance investments in Italian companies by European investment

BlackRock Investment Management (UK) Ltd ("BlackRock") was a company responsible for the management of funds.

The Commission de Surveillance du Secteur Financier (CSSF) has recently published Circular 22/804 on governance and security requirements for supervised entities to perform tasks or activities...

Further to its recent communications on financial innovation, the Commission de Surveillance du Secteur Financier (the « CSSF ») has just published highly interesting guidance on virtual assets...

Discover Luxembourg's space adventure and the challenges the space industry will face in the next decade.