ArticleWildgen's Newsletter | April 2022On 8 April 2022, a bill was submitted to the Chamber of Deputies to implement the reform of the right of establishment as foreseen in the governmental program from 2018 to 2023.LuxembourgFinance and BankingWildgen
ArticleBreakfast Briefing - Réforme Européenne: La Protection Des Données, Un Principe De Gouvernance Wildgen, Partners in Law, a le plaisir de vous inviter à une nouvelle session sur le même sujet, présenté cette fois-ci en langue française, le 27 février prochain de 8h30 à 10h00. LuxembourgPrivacyWildgen
ArticleAgreement On Core Rules Of The Second Markets In Financial Instruments Directive (MIFID II)On 14 January 2014, the European Parliament and the Council have reached an agreement in principle on updated rules for the market in financial instruments. European UnionFinance and BankingWildgen
ArticleAIFMD - European Commission Adopted Delegated RegulationOn 19 December 2012, the European Commission adopted a Delegated Regulation (the "AIFM Regulation") supplementing the Directive 2011/61/EC of the European Parliament and of the Council of November 11, 2010 on alternative investment fund managers (the "AIFM Directive").European UnionFinance and BankingWildgen
ArticleChanges In Revocation Of Voluntary Winding-UpPursuant to the Circular letter 11/3 dated 21 October 2011 as issued by the RCS, the RCS announces that it will further refuse the filing of resolutions in revocation of voluntary winding-up. LuxembourgCorporate/Commercial LawWildgen
ArticleEnforcing Contracts: Luxembourg Ranks First!To business players, sophistication of the law is not the final word.LuxembourgCorporate/Commercial LawWildgen
ArticleCSSF Updates Their AIFMD FAQsOn 18 July 2014, the CSSF has updated their FAQ document concerning the Luxembourg Law of 12 July 2013 on alternative investment fund managers.LuxembourgFinance and BankingWildgen
ArticleFinancial Collaterals: Luxembourg Courts Favor The Protection Of The LendersSince the outbreak of the financial crisis in 2008, securities held by the banks under the form of collaterals have been subject to a drastic "resistance test" in the course of debt restructuring exercises. LuxembourgFinance and BankingWildgen
ArticleNew CSSF Circular On UCITS DepositariesThe CSSF circular 14/587 relates to provisions applicable to credit institutions acting as UCITS depositary subject to Part I of the law of 17 December 2010.LuxembourgFinance and BankingWildgen
ArticleTransitional Provisions Applicable To Existing AIFMs And AIFsAs recently announced on our website, the Commission de Surveillance du Secteur Financier has issued on 10th January an updated version of the frequently asked questions relating to the Luxembourg Law of 12th July 2013 on alternative investment fund managers.LuxembourgFinance and BankingWildgen
ArticleBankruptcy Declared For Espirito Santo EntitiesThe Luxembourg District Court has declared bankrupt the companies ESPIRITO SANTO FINANCIAL GROUP S.A. and ESPIRITO SANTO FINANCIERE S.A.LuxembourgInsolvency/Bankruptcy/Re-StructuringWildgen
ArticleEspirito Santo: Controlled Management Rejected By The CourtThe Luxembourg District Court sitting in commercial matters has rejected the applications of ESI and RIO FORTE to be placed under controlled management.LuxembourgInsolvency/Bankruptcy/Re-StructuringWildgen
ArticleThe Renewable Energy Framework In LuxembourgWithin the framework of our membership to the ELG (Energy Law Group), David Maria, Partner and Delia Nitescu, Senior Associate have contributed an article of the Luxembourg renewable sector which has been released in the European Energy Journal. LuxembourgEnergy and Natural ResourcesWildgen
ArticlePublication Of The UCITS V DirectiveOn August 28, 2014, the Directive 2014/91/EU of 23 July 2014 was published in volume L 257 of the Official Journal of the European Union.European UnionFinance and BankingWildgen
ArticleLuxembourg Council Of State Opinion On The Private Foundation BillThe Luxembourg Council of State has issued its opinion dated 29 April 2014 on the bill of law to introduce in Luxembourg the private foundation. LuxembourgCorporate/Commercial LawWildgen
ArticleESMA Consultation Regarding Regulation On Market AbuseOn July 15, 2014 the European Securities and Markets Authority published two consultation documents (ESMA/2014/808 and ESMA/2014/809).European UnionFinance and BankingWildgen
ArticleFinal Adoption Of The UCITS V DirectiveA purpose of the UCITS V Directive is to align the UCITS regime with the depositary rules and rules on remuneration and sanctions provisions under the existing Directive.European UnionFinance and BankingWildgen
ArticleCSSF Updates FAQ On AIFM LawThe Commission de Surveillance du Secteur Financier issued an updated version of the FAQ relating to the Luxembourg Law of July 12, 2013 on alternative investment fund managers.LuxembourgFinance and BankingWildgen
ArticleWildgen ‘Fund Finance Experts Talks' Highlights Sustainable Finance And The APAC MarketLuxembourg-based law firm Wildgen published its fourth episode of "Fund Finance Experts Talks" this week, featuring host Michael Mbayi and industry leader Sally Little, ...LuxembourgFinance and BankingHogan Lovells Cadwalader
ArticleBankruptcy Declared For Espirito Santo International S.A.The Luxembourg District Court sitting in commercial matters has declared bankrupt the group parent company ESPIRITO SANTO INTERNATIONAL S.A. on 27 October 2014.LuxembourgInsolvency/Bankruptcy/Re-StructuringWildgen