ArticleArendt Case Review #7 - November 2019Arendt Case Review is a newsletter designed by Arendt Litigation Group to inform you about recent decisions of the Luxembourg and/or European courts.LuxembourgCorporate/Commercial LawArendt & Medernach
ArticleCSRD Update: "Quick Fix" Offers Breathing Space For Wave 1 CompaniesFacing short deadlines and complex requirements, Wave 1 companies now have a long-awaited partial reprieve as the EU Commission's "quick fix" Delegated Act introduces targeted flexibility...LuxembourgCorporate/Commercial LawArendt & Medernach
ArticleDirectors' Fees Not Subject To VAT According To Advocate GeneralThe case involved TP, a lawyer and member of the board of directors of several Luxembourg public limited companies. In his role as member of the board, he made decisions relating to the accounts...LuxembourgCorporate/Commercial LawArendt & Medernach
ArticleLuxembourg Register Of Beneficial Owners – Deadline Extended!The Luxembourg Business Registers ("LBR") announced yesterday that the administrative deadline regarding the Registre des bénéficiaires effectifs ("RBO") filing has been extended until 30 November 2019.LuxembourgCorporate/Commercial LawArendt & Medernach
ArticleNew RCS Formalities – New Deadline AnnouncedPersons and entities registered with the RCS (Luxembourg Trade and Companies Register) will have to communicate the Luxembourg national identification number – "LNIN" (also known as a "CNS...LuxembourgCorporate/Commercial LawArendt & Medernach
ArticleSimplification Measures Announced For EUDR ImplementationOn 15 April 2025, the EU Commission unveiled a series of simplification measures to facilitate the implementation of the EU Regulation on Deforestation-free Products, with the goal of reducing the compliance burden...LuxembourgCorporate/Commercial LawArendt & Medernach
ArticleAnpassung des Indexstands ab dem 1. April 2023Ab dem 1. April 2023 wird der auf die Arbeitnehmerlöhne anwendbare Index von 898,93 auf 921,40 angehoben.LuxembourgEmployment and HRArendt & Medernach
ArticleErhöhung des luxemburgischen sozialen Mindestlohns am 1. Januar 2025Der Gesetzentwurf 8459 [1] über die Anpassung der Sätze des sozialen Mindestlohns an die Entwicklung des Durchschnittslohns in den Jahren 2022 und 2023 (im Folgenden der „Entwurf")...LuxembourgEmployment and HRArendt & Medernach
ArticleIndex Increase From 1 April 2023With effect from 1 April 2023, the index applicable to employee wages increases from 898.93 to 921.40.LuxembourgEmployment and HRArendt & Medernach
ArticleLohnpfändungen und -abtretungen: neue BeträgeAufgrund der jüngsten Indexerhöhungen wird der Betrag der Gehaltsabschnitte, die gepfändet oder abgetreten werden können, mit Wirkung zum 1. April 2023 deutlich erhöht.LuxembourgEmployment and HRArendt & Medernach
ArticleNeue bevorstehende Verpflichtungen zur Bekämpfung von Mobbing im Rahmen des ArbeitsverhältnissesUm eine im Vergleich zu vielen anderen EU-Mitgliedstaaten (insbesondere den drei Nachbarländern) offensichtliche Rechtslücke zu schließen, wurde der Gesetzentwurf Nr. 7864...LuxembourgEmployment and HRArendt & Medernach
ArticleOutsourcing Made Easier: Professional Secrecy In The Financial And Insurance Sector SoftenedThrough the law of 27 February 2018 implementing the EU regulation (UE) 2015/751 on interchange commissions for card based payments, which amends various laws relating to the financial sector...LuxembourgEmployment and HRArendt & Medernach
ArticleTeleworking: Changes From 1 July 2023The transitional period linked to the Covid-19 pandemic ends on 30 June 2023. As a result, the social security thresholds for teleworking come into effect again, with all the obligations and administrative...LuxembourgEmployment and HRArendt & Medernach
ArticleUpcoming: New Obligations To Combat Moral Harassment In Employment RelationshipsTo fill an obvious legal vacuum in comparison with a number of EU Member States (including notably the three neighbouring countries), Bill of law n°7864, amending the Labour Code...LuxembourgEmployment and HRArendt & Medernach
ArticleESG In The Insurance Sector - CAA Update On Implementation Of Climate Change Risk Scenarios In The ORSAOn 10 October 2023, the Commissariat aux Assurances (CAA) released Information Note 23/9 ("Information Note 23/9") communicating its follow-up on the implementation of climate change...LuxembourgEnvironmentArendt & Medernach
ArticleChanges To The CSSF's Fund Authorisation ProcessOn 30 July 2021, the CSSF published a press release informing the market of new requirements when submitting applications for new funds and new sub-funds.LuxembourgFinance and BankingArendt & Medernach
ArticleCross-Border Distribution Of Investment Funds: A Proposal For HarmonisationReducing barriers for cross-border distribution of investment funds within the EU, thus reducing the costs of going cross-border, while deepening the single marketing procedure for investment funds...LuxembourgFinance and BankingArendt & Medernach
ArticleCSSF Provides Practical Guidance On UCITS KIID ReplacementFrom 1 January 2023, UCITS will have to provide a PRIIPs KID to retail investors and either a UCITS KIID or a PRIIPs KID to non-retail investors.LuxembourgFinance and BankingArendt & Medernach
ArticleCSSF Review Of Policies Promoting Diversity Within The Management Body Of Credit InstitutionsOn 15 May 2024, the CSSF published the outcome of its review of the diversity policies of a sample of banks, identifying various shortcomings and requiring credit institutions...LuxembourgFinance and BankingArendt & Medernach
ArticleEMIR 3.0 – The New EU Commission ProposalAccording to the EU Commission, it has become apparent that the regulatory burden on EU central counterparties (the entities carrying out the clearing of derivatives) is too high...LuxembourgFinance and BankingArendt & Medernach