ArticleCSSF Updates Its Frequently FAQs On AIFMsOn 14 August 2018 the CSSF published an updated version of its Frequently Asked Questions (FAQ) document on alternative investment fund managers (AIFMs).LuxembourgFinance and BankingKPMG Luxembourg
ArticleCSSF Issues Press Release On Delegation Of Investment Management And Temporary Permission Regimes In The Context Of BrexitOn the 25th of January 2019, the CSSF issued Press Release 19/05 addressing the delegation of investment management and/or risk management activities to undertakings ...United KingdomFinance and BankingKPMG Luxembourg
ArticleBrexit And Asset Management: The Luxembourg Transfer Pricing PerspectiveThe asset management industry in the United Kingdom is the one of the biggest in the world, while Luxembourg is often cited as a key jurisdiction ...LuxembourgWealth ManagementKPMG Luxembourg
ArticleCooperation In Space: US And Luxembourg Sign MOUOn 10 May 2019, the Grand Duchy of Luxembourg and the United States of America signed a Memorandum of Understanding (MOU) to strengthen cooperation in the field of space-related activitiesLuxembourgCorporate/Commercial LawKPMG Luxembourg
ArticleTransfer Pricing In Luxembourg: What To Consider When RestructuringBusiness restructurings are normally associated with a transfer of functions, risks, or assets between the entities of a group—and that means transfer pricing consequences. LuxembourgTaxKPMG Luxembourg
ArticleNew KPMG Study Ranks Luxembourg Brands By Customer Experience"Get closer than ever to your customers. So close that you tell them what they need well before they realise it themselves."LuxembourgConsumer ProtectionKPMG Luxembourg
ArticleLuxembourg Draft Bill Of Law 7199 Implementing PRIIPsOn 25 October 2017, the Draft Bill of Law implementing the Regulation (EU) No 1286/2014 on key information documents on packaged retail and insurance-based investment products ... LuxembourgFinance and BankingKPMG Luxembourg
ArticleThe Time Has Come For Securitisation's Next Day In The SunSecuritisation has gained a negative reputation since being perceived by many to be the cause of the 2007-09 financial crisis. LuxembourgFinance and BankingKPMG Luxembourg
ArticleCSSF's eDesk Portal Available For The Mandatory Notification In The Context Of BrexitOn 2 August 2019, the CSSF ("regulator") published press release 19/41 to announce the availability of the dedicated "Brexit Notification"LuxembourgGovernment, Public SectorKPMG Luxembourg
ArticleLuxembourg's Employee Lifecycle: Separating Rumours From Facts For Post-Brexit Workers"Now, this is not the end. This is not even the beginning of the end. But it is, perhaps, the end of the beginning!"LuxembourgEmployment and HRKPMG Luxembourg
ArticleSecond Round Of UCITS Risk Reports To Be Submitted By 15 February 2017The CSSF has announced that the deadline for UCITS management companies to submit their UCITS risk reports for the period covering the half-year starting 1 July 2016 and ending 31 December 2016...LuxembourgCorporate/Commercial LawKPMG Luxembourg
ArticleFin, Meet TechThe finance industry has been slower to make noise in the digital realm, perhaps since people tend to tip-toe when it comes to handling money.LuxembourgTechnologyKPMG Luxembourg
ArticleCSSF Communicates Expected Conversion Of EMIR In The Fund IndustryOn 23 August 2018, the Commission de Surveillance du Secteur Financier (CSSF) published Circular 18/698 (see our blog article) LuxembourgFinance and BankingKPMG Luxembourg
ArticleTaxation Of IndividualsProgressive tax rates ranging from 0% to 42.8% apply to taxable income not exceeding €150,000 (€300,000 for couples taxed jointly). LuxembourgTaxKPMG Luxembourg
ArticleLuxembourg And London: International Fund Management After BrexitLuxembourg is Europe's leading investment fund centre, and the world's largest after the USA, with more than €3 trillion in assets managed by a multitude of international fund managers.LuxembourgFinance and BankingKPMG Luxembourg
ArticleESMA And CSSF Urge Fund Industry To Timely Submit Requests For Authorisation In The Context Of BrexitOn 12 July 2018, ESMA published a public statement by which it intends to raise the awareness of the stakeholders of the fund industry on the necessity to be prepared for the hard Brexit...European UnionFinance and BankingKPMG Luxembourg
ArticleThe Private Equity Hub That Asset Managers DeserveIn the midst of the current business environment, which is characterised by political changes like Brexit and a frenzy of entrepreneurship, Luxembourg is becoming more and more of a private equity hub.LuxembourgCorporate/Commercial LawKPMG Luxembourg
ArticleTax Reform: How To Respond To The Quest For Substance In A Post-BEPS World?In the current environment where fair and acceptable tax competitiveness have become essential, Luxembourg's government announced, at the end of February 2016, its proposed measures for the tax reform to be implemented in 2017. LuxembourgTaxKPMG Luxembourg
ArticleKPMG Treasury Survey 2016This report is the first ever edition of the Luxembourg Treasury Survey. Its analyses and conclusions are based on data gathered via online surveys that were sent to companies that have treasury activities in Luxembourg. LuxembourgCorporate/Commercial LawKPMG Luxembourg
ArticleThriving In A ‘Brand' New Era Of Customer ExpectationsRemember when simply offering consistently good customer experiences was enough for companies to impress and retain their clients?LuxembourgConsumer ProtectionKPMG Luxembourg