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  • Article

    New Collective Bargaining Agreement For Employees In The Banking Sector

    The 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 HR
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Nouvelle convention collective pour les salariés du secteur bancaire

    La 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 HR
    Arendt & Medernach
    Arendt & Medernach
  • Article

    ESG In The Banking Sector - CSSF Survey On Sustainable Finance

    On 21 September, the CSSF published the results of a general public survey on sustainable finance. The survey was commissioned by the CSSF, the Fondation ABBL...
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    ESG In The Banking Sector - EBA Report On The Integration Of ESG Risks Into The SREP

    On 24 October 2022, the European Banking Authority ("EBA") published its report on the integration of ESG risks in the supervision of investment firms ("report").
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    ESG In The Banking Sector – Amendments To ESG Reporting Requirements Under CRR Pillar 3

    2024 marked the publication of the new EU banking package, which includes in particular Regulation (EU) 2024/1623 of the European...
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New Deadline For The SFDR Data Collection Exercise

    On 24 March, the CSSF published a communiqué_ announcing the extension of the data collection exercise related to SFDR which started in February ("the communiqué").
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Sustainability In The Banking Sector – EBA Report On The Application Of Gender-neutral Remuneration Policies By Institutions And Investment Firms

    On 16 July 2024, the European Banking Authority published a report on its review of the application of gender-neutral remuneration policies...
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    AED's AML Guidelines For RAIFs

    As the relevant supervisory authority, the AED released the Guide to guide RAIFs in meeting their professional obligations in AML/CFT matters.
    LuxembourgGovernment, Public Sector
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New Law On Non-Profit Organisations And Foundations

    The Law aims to simplify and modernise the legal framework created by the century-old law of 21 April 1928, by replacing its outdated provisions.
    LuxembourgInsolvency/Bankruptcy/Re-Structuring
    Arendt & Medernach
    Arendt & Medernach
  • Article

    CAA Information Note On Prudential On-site Inspections

    On 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.
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    ESG In The Insurance Sector – CAA Update On Regulatory Challenges Linked To Sustainable Finance

    On 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...
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Insurance And Reinsurance Intermediaries – Time To Assign For The Legal Entity Identifier

    On 5 July 2022, the Commissariat aux Assurances (CAA) issued Circular Letter 22/13 on EIOPA's revised guidance on the use of the Legal Entity Identifier (LEI) by insurance and reinsurance intermediaries and insurance intermediaries.
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    LEI Codes For Professionals Of The Insurance Sector – CAA Call For Compliance

    On 13 December 2022, the Commissariat aux Assurances ("CAA") published Circular Letter 22/19 on use of the Legal Entity Identifier ("LEI") by "Professionals of the Insurance Sector" ("Circular 22/19")...
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New Circular Letter Of The Commissariat Aux Assurances On The Technical Bases For Life Insurance

    According to Article 4 b) of Commissariat aux Assurances (CAA) Regulation No 15/03 of 7 December 2015 on insurance and reinsurance undertakings, as amended, Luxembourg insurance companies...
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Französische Grenzgänger Haben Ab 1. Januar 2023 Anspruch Auf 34 Arbeitstage Pro Jahr

    Es ist so weit! Ab dem 1. Januar 2023 können in Frankreich ansässige Personen, die bei einem Unternehmen in Luxemburg beschäftigt sind (und umgekehrt), 34 Tage pro Jahr für Heimarbeit nutzen.
    LuxembourgTax
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Für eine bessere Gleichbehandlung von Grenzgängern

    Am 6. Juli 2023, die Regierungen des Großherzogtums Luxemburg und der Bundesrepublik Deutschland haben ein Änderungsprotokoll zum Doppelbesteuerungsabkommens unterzeichnet...
    LuxembourgTax
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Luxembourg 2023 Budget Law Passed – Focus On Tax Measures

    A clarification of the conditions of the reverse hybrid rule has been introduced (article 168quater of the income tax law, as amended). The 2023 budget law provides that the rule requiring...
    LuxembourgTax
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Start-Up Tax Credit For "Business Angels": Legislation Introduced Into Luxembourg Parliament

    In 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.
    LuxembourgTax
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Towards More Equal Treatment Of Cross-border Workers

    On 6 July 2023, the governments of Luxembourg and Germany signed an amendment to the tax treaty aimed at avoiding double taxation and preventing tax evasion in relation to taxes...
    LuxembourgTax
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New Proposal To Amend EU Directive On Administrative Cooperation In The Field Of Taxation (DAC 8)

    The EU Commission has proposed an amendment_ of Council Directive 2011/16/EU on administrative cooperation in the field of taxation, known as DAC 8, that aims to increase transparency and accountability
    LuxembourgTechnology
    Arendt & Medernach
    Arendt & Medernach

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