ArticleNew CAA AML/CTF RegulationThe Commissariat aux Assurances (the "CAA") has just published a new regulation relating to the fight against money laundering and terrorist financing ("AML/CTF"):..European UnionGovernment, Public SectorArendt & Medernach
ArticleDigital Operational Resilience Act (DORA) - CSSF Compliance Preparation Survey For Investment Fund ManagersFor each of the five DORA pillars, the CSSF survey asks whether the IFM has conducted a gap analysis, enquires about the gaps identified and asks whether mitigation plans are already in place...LuxembourgComplianceArendt & Medernach
ArticleEntry Into Force Of The Law Introducing One Additional Day Of Annual Paid Leave And One Additional Public HolidayToday, on the 27th March 2019, the bill of law 7399 amending articles L. 232-2 and L. 233-4 of the Labour Code as well as article 28-1 of the amended law of 16th April 1979 establishing the general status of...LuxembourgEmployment and HRArendt & Medernach
PodcastArendt We Live #6 - Outsourcing: Necessary Evil Or Opportunity For Growth? (Podcast)In an increasingly complex environment, financial sector players regularly ask themselves whether they should outsource non-business critical activities.LuxembourgFinance and BankingArendt & Medernach
ArticleParliament Adopts Revisions To The Fund LawsThe Law's primary objectives are to improve and modernise Luxembourg's fund toolbox and increase the attractiveness and competitiveness of the Luxembourg financial centre.LuxembourgFinance and BankingArendt & Medernach
ArticleBrexit: New Status, New Residence Permits For UK Nationals Residing In LuxembourgUnder the transition period as foreseen by the Withdrawal Agreement, UK nationals may continue to reside in the EU without additional measures until 31 December 2020.LuxembourgImmigrationArendt & Medernach
ArticleConfirmation Of The End Of The VAT Exemption Regime For Financial IGPSThe CJUE adopts the same position in the three cases by mainly addressing the issue of the scope of the IGP exemption foreseen under article 132, 1, f)...LuxembourgTaxArendt & Medernach
ArticleThe ELTIF 2.0 Regulatory Technical Standards Are Shaping UpThe EU Commission has adopted a delegated regulation containing the ELTIF regulatory technical standards that will supplement the ELTIF 2.0 regime. The adopted delegated regulation is subject to a 3-month scrutiny period.European UnionFinance and BankingArendt & Medernach
ArticleAdaptation indiciaire au 1er mai 2025Cette hausse indiciaire implique une augmentation obligatoire de 2,5% sur les salaires bruts payés en vertu de contrats de travail soumis au droit luxembourgeois. LuxembourgEmployment and HRArendt & Medernach
ArticleIndex Adjusted On 1 May 2025As of 1 May 2025, the index applicable to salaries increases from 944.43 to 968.04. This index increase means a mandatory 2.5% increase in gross salaries paid under employment contracts that are subject to Luxembourg law. LuxembourgEmployment and HRArendt & Medernach
ArticleIndexanpassung am 1. Mai 2025Diese Indexerhöhung beinhaltet eine obligatorische Erhöhung von 2,5% auf Bruttolöhne, die im Rahmen von Arbeitsverträgen gezahlt werden, die dem luxemburgischen Recht unterliegen. LuxembourgEmployment and HRArendt & Medernach
ArticleNeuer Kollektivvertrag für Beschäftigte im BankensektorDer Kollektivvertrag 2024-2026 für den Bankensektor wurde von der ABBL und den Gewerkschaftsvertretern des OGBL, des LCGB und der ALEBA gebilligt.LuxembourgEmployment and HRArendt & Medernach
ArticleNew Collective Bargaining Agreement For Employees In The Banking SectorThe 2024-2026 collective bargaining agreement for the banking sector has been approved by the ABBL and union representatives from the OGBL, LCGB and ALEBA.LuxembourgEmployment and HRArendt & Medernach
ArticleNouvelle convention collective pour les salariés du secteur bancaireLa convention collective 2024-2026 pour le secteur bancaire a été approuvée par l'ABBL et les représentants syndicaux de l'OGBL, du LCGB et de l'ALEBA.LuxembourgEmployment and HRArendt & Medernach
ArticleESG In The Banking Sector – Amendments To ESG Reporting Requirements Under CRR Pillar 32024 marked the publication of the new EU banking package, which includes in particular Regulation (EU) 2024/1623 of the European...LuxembourgFinance and BankingArendt & Medernach
ArticleSustainability In The Banking Sector – EBA Report On The Application Of Gender-neutral Remuneration Policies By Institutions And Investment FirmsOn 16 July 2024, the European Banking Authority published a report on its review of the application of gender-neutral remuneration policies...LuxembourgFinance and BankingArendt & Medernach
ArticleCAA Information Note On Prudential On-site InspectionsOn 29 January 2024, the Commissariat aux Assurances (CAA) published Information Note 24/3 (Note), which summarises the outcomes of prudential on-site inspections that the CAA conducted in 2021 and 2022.LuxembourgInsuranceArendt & Medernach
ArticleESG In The Insurance Sector – CAA Update On Regulatory Challenges Linked To Sustainable FinanceOn 16 April 2024, the Commissariat aux Assurances (CAA) published Information Note 24/4 (24/4 Note) to inform market actors about the main regulatory instruments...LuxembourgInsuranceArendt & Medernach
ArticleFür eine bessere Gleichbehandlung von GrenzgängernAm 6. Juli 2023, die Regierungen des Großherzogtums Luxemburg und der Bundesrepublik Deutschland haben ein Änderungsprotokoll zum Doppelbesteuerungsabkommens unterzeichnet...LuxembourgTaxArendt & Medernach
ArticleStart-Up Tax Credit For "Business Angels": Legislation Introduced Into Luxembourg ParliamentIn March 2025, the Ministers of the Economy and Finance jointly unveiled a 10-point action plan to boost Luxembourg's start-up and scale-up ecosystem.LuxembourgTaxArendt & Medernach