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  • Article

    CSSF Standardised Model Prospectus For UCITS

    Launch of a CSSF standardised model prospectus to support the examination of the prospectus to facilitate the drafting of a conventional prospectus for a UCITS project of average complexity.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Updates Its FAQ For Investments In Virtual Assets: Impact On AIFs

    On April 6, 2023, the Commission de Surveillance du Secteur Financier (CSSF) released an update to its Frequently Asked Questions (FAQs) regarding virtual assets and undertakings for collective...
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    SFDR CSSF FAQ Updates: Fund Names, Sustainable Investments & EPM Techniques

    The SFDR requires FMPs to provide transparent information on the sustainability of their financial products.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Introduces New Notification Template For Critical ICT Outsourcing

    The Commission de Surveillance du Secteur Financier (CSSF) has recently announced on 17 February 2023 the publication of a new notification template for critical or important ICT outsourcing.
    LuxembourgMedia, Telecoms, IT, Entertainment
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Group Restructuring – Abuse Of Law: Luxembourg Administrative Tribunal Of 15 May 2023, N° 46.042

    In 2011, a Luxembourg company (Company A) granted a profit participating loan (Loan) to its Belgian subsidiary (Company B), which held debt securities issued by another entity (the Securities).
    LuxembourgTax
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Luxembourg Directors And VAT: Adjusting To The ECJ's 2023 Ruling

    The European Court of Justice, rendered on 21 December 2023, a decision regarding the classification of directors' activities within the framework of Luxembourg VAT law.
    LuxembourgTax
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Publishes New Update Of AIFMD FAQs

    The CSSF has published on its web site on January 10, 2014 a fresh update, the fourth, of its Frequently Asked Questions document regarding Luxembourg’s law of July 12, 2013 on alternative investment fund managers.
    European UnionFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    ESMA Sets Out New Rules For UCITS Share Classes

    On January 30, the European Securities and Markets Authority issued an opinion on the minimum principles that management companies must apply when establishing different UCITS share classes.
    European UnionFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Updated ESMA AIFMD Q&A Deals With Reporting Details, Depositary Obligations And PE Leverage Calculation

    ESMA has published on July 21 the latest update to Question and Answers document on the Alternative Investment Fund Managers Directive.
    European UnionFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Updated ESMA Q&A On The Application Of The AIFM Directive – 30 September 2014

    The Q&A document was updated by ESMA in July and again at the end of September.
    European UnionFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    ESMA Publishes Final Report On Key AIFM Directive Concepts

    The European Securities and Markets Authority published on May 24 its final report on guidelines for key concepts under the Alternative Investment Fund Managers Directive.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Luxembourg Government Approves Draft FATCA Legislation

    On March 6 Luxembourg’s government adopted the draft legislation transposing into national law the grand duchy’s intergovernmental agreement with the US and facilitating compliance by the country’s financial institutions with the requirements of the Foreign Account Tax Compliance Act.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Luxembourg’s AIFM Directive Transposition Law Comes Into Force

    The legislation transposing the European Union’s Alternative Investment Fund Managers Directive into Luxembourg law, approved by the grand duchy’s Chamber of Deputies last Wednesday, July 10, has come into force.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    New AML/CFT External Report - CSSF Circular 21/788

    On December 22, 2021, the CSSF issued guidelines for the fund industry regarding the new external report on anti-money laundering and financing of terrorism measures that must be drawn up by an external expert.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Sustainable Finance - CSSF Launches Fast-Track Procedure For Compliance With The Taxonomy Regulation

    The Financial Sector Supervisory Authority has announced on December 2 the introduction of a fast-track procedure to facilitate submission of updated prospectuses or issuing documents update for UCITS and alternative investment funds ...
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Luxembourg Circular N° 821 Introduces New Digital Forms For UCI, SIF, And RAIF Subscription Tax Filings

    On 15 July 2024, the Luxembourg indirect tax authorities issued Circular n° 821, introducing new digital forms for the submission of quarterly subscription tax returns.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Study On The AML/CFT Controls Applied In Terms Of Preventing Tax Offences

    Following the "UCI On-Site inspections", the CSSF concluded that the mitigation measures put in place regarding the tax offences were satisfactory.
    LuxembourgGovernment, Public Sector
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    EU Advocate General Advises Against Commission's Stand On Luxembourg's Tax Rulings

    In a recent development related to Luxembourg's tax rulings, Advocate General Kokott suggested the European Court of Justice (ECJ) dismiss the European Commission's...
    LuxembourgTax
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Issues Circular On Governance And Organisation Of Non-UCITS Fund Depositaries

    The parties to the contract appointing the depositary may agree that all or part of the information required may be transmitted electronically.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Updates FAQ On UCITS Legislation Regarding Investment Fees

    Luxembourg's Financial Sector Supervisory Authority has published on March 10 the eighth update of its Frequently-Asked Questions document on the legislation of December 17, 2010 on undertakings for collective investment.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales

Showing 61–80 of 196 results

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