ArticleBill Of Law - Blockchain Law IV Aiming At Facilitating The Use Of Distributed Ledger Technology In Dematerialised SecuritiesOn 24 July 2024, bill of law 8425 (the "Bill of Law") was filed with Luxembourg Parliament.LuxembourgCorporate/Commercial LawCMS Luxembourg
ArticleNewsflash | "Stop The Clock" Directive: Luxembourg Implementation Of CSRDThe so-called "stop the clock" directive (the Directive) is an integral part of the "Omnibus Package", i.e. a set of proposals to simplify inter alia European Union (EU)...LuxembourgCorporate/Commercial LawCMS Luxembourg
ArticleModernisation Of The Luxembourg Fund ToolboxThe Law of 21 July 2023 amending the UCI Law, the SIF Law, the SICAR Law, the AIFM Law and the RAIF Law (together the "Product Laws") has been published. By amending these laws...LuxembourgFinance and BankingCMS Luxembourg
ArticleThe Future Of Avoidance Actions In Luxembourg: The Potential Impact Of The Proposed EU Directive On Harmonisation Of Insolvency LawWhile there is a certain alignment between the proposed EU Directive on harmonisation of insolvency law and Luxembourg law, Luxembourg legislation...European UnionInsolvency/Bankruptcy/Re-StructuringCMS Luxembourg
ArticleThe EU Parliament And Council Reached An Agreement On ESG RatingOn 5 February 2024, the European Parliament (the Parliament) and the Council of the European Union (the Council) reached a provisional agreement on the EU Commission's...European UnionCorporate/Commercial LawCMS Luxembourg
ArticleImplementation Of The Whistleblowing Directive Into Luxembourg LawDirective (EU) 2019/1937, which aims at unifying rules and minimal guarantees on the protection of persons who report breaches of Union law, is currently being implemented into...European UnionEmployment and HRCMS Luxembourg
ArticleNo White Smoke On ATAD III Proposal In 2023As a reminder, on 22 December 2021, the European Commission issued its proposal for a directive to prevent the abuse of shell entities for tax purposes (ATAD III proposal).European UnionTaxCMS Luxembourg
ArticleNotice To Private Consumers In The Context Of Investment Funds Providing Exposure To Virtual AssetsOn 22 July 2022, the Commission de Surveillance du Secteur Financier (CSSF) published a notice to private consumers in the context of investment funds providing exposure to virtual assets...LuxembourgConsumer ProtectionCMS Luxembourg
ArticleLaunch Of The ESMA Common Supervisory Action On Sustainability Risks And Disclosures In The Investment Fund Sector In LuxembourgOn 6 September 2023, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published a communication announcing that, on 29 August 2023...LuxembourgFinance and BankingCMS Luxembourg
ArticleNew Delegated Regulation Postponing The Application Of Certain Disclosures Related To PRIIPsOn 24 June 2022, a new Delegated Regulation (EU) 2022/975, which was adopted by the European Commission on 17 March 2022 and relates to the entry into force of certain rules...LuxembourgFinance and BankingCMS Luxembourg
ArticleAML/CTF PackagePolitical agreements have now been reached on the remaining texts of the AML/CTF Package: the new AML/CTF directive ("AMLD"), AML/CTF regulation...LuxembourgGovernment, Public SectorCMS Luxembourg
ArticleDigital Assets Unlocked | DigiSharesDigiShares is a leading provider of white-label solutions for tokenising real-world assets, simplifying ownership and investment processes.LuxembourgTechnologyCMS Luxembourg
ArticleCSSF Circular 24/863 On Funds' Names Using ESG- Or Sustainability-Related TermsOn 21 October 2024, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published a communication informing market participants of the publication of Circular 24/863,...LuxembourgFinance and BankingCMS Luxembourg
ArticleWhatsApp At Work, Supreme Court, Ruling No. 156/2022An employee was dismissed for sending abusive messages via WhatsApp on a work computer.LuxembourgMedia, Telecoms, IT, EntertainmentCMS Luxembourg
ArticleBill Of Law For The Transposition Of CSRD In LuxembourgFollowing the adoption of the corporate sustainability reporting directive:1 (the " CSRD "), the Member States of the European Union (the " EU ")...European UnionCorporate/Commercial LawCMS Luxembourg
ArticleThe Council Adopts The Listing ActOn 8 October 2024, the Council of the European Union (the Council) adopted the package of measures known as the "Listing Act" (the Act), following the provisional agreement reached with the European Parliament (the EP)...LuxembourgFinance and BankingCMS Luxembourg
ArticleProvisional Agreement Reached On Amendments To EU Corporate Sustainability Reporting And Due Diligence RulesOn 9 December 2025, the European Parliament and the Council of the EU reached a provisional agreement on the substantive amendments to the EU Corporate Sustainability Reporting Directive ("CSRD")...LuxembourgCorporate/Commercial LawCMS Luxembourg
ArticleAML-CTF Package: Gear Up NowThe EU Anti-Money Laundering Regulation introduces a harmonised regulatory framework across the European Union, bringing significant changes to Customer Due Diligence requirements and risk-based approaches. Organizations will need to review their compliance frameworks to meet new obligations on customer identification, beneficial ownership, sanctions screening, and risk assessment ahead of implementation. LuxembourgGovernment, Public SectorCMS Luxembourg
ArticleDates Of Entry Into Force Of Requirements Regarding Client Sustainability Preferences In MiFID ContextOn 2 August 2022, the CSSF released a Communiqué on the application of MiFID rules to sustainability and more specifically to the consideration of the requirements relating...LuxembourgFinance and BankingCMS Luxembourg
ArticleTowards The Introduction Of A Vigilance Duty In Terms Of Sustainability For Luxembourg CompaniesWe are currently facing an evolving regulatory landscape, where sustainability matters are more and more considered and where actors of the financial sector are required to face the negative externalities ...LuxembourgGovernment, Public SectorCMS Luxembourg