ArticleCSSF's Work On Closet Index TrackingOn 28 July 2017, the CSSF published a press release relating to its work with regard to closet index tracking.LuxembourgFinance and BankingKPMG Luxembourg
ArticleCSSF Clarifies Application Of MiFID/MiFIRThe CSSF clarifies that as foreseen in the Treaty on the Functioning of the European Union for all European Regulations, MiFIR will be binding and directly applicable in Luxembourg from 3 January 2018.LuxembourgFinance and BankingKPMG Luxembourg
ArticleCSSF Issues Press Release On The New EMIR Refit ("Refit") Regime With Respect To The Publication Of ESMAOn the 8 April 2019, the CSSF issued Press Release 19/16 addressing financial and non-financial counterparties established in Luxembourg with respect to their clearing obligations.LuxembourgFinance and BankingKPMG Luxembourg
ArticleCSSF Publishes New Mandatory EMIR Questionnaire For Investment Fund ManagerAugust 2018 has seen the Commission de Surveillance du Secteur Financier (CSSF) publishing a new questionnaire regarding compliance with the European Market Infrastructure Regulation (EMIR).LuxembourgFinance and BankingKPMG Luxembourg
ArticleFuture Clarification Of The Depositary Regime Of "Part II" FundsOn 29 July 2016, the draft law 7024 was submitted to the Luxembourg Parliament.LuxembourgFinance and BankingKPMG Luxembourg
ArticleLet's Remove All Paperwork From OnboardingFor decades, onboarding processes have remained the same. Manually done and prone to errors, this crucial step in a customer's journey is often a frustrating one—but onboarding is essential...LuxembourgTechnologyKPMG Luxembourg
ArticleFintech Companies: Keep An Eye Out For Engine BSome fintech companies have pure disruption on their minds. They have established cross-border services, they've found business models that seem nearly frictionless ...LuxembourgTechnologyKPMG Luxembourg
ArticleYour Guide To Living And Working In LuxembourgThis article is for anyone not yet living and working in Luxembourg. Perhaps you are thinking of relocating yourself, your company, or your entire family here—and you might have questions ranging...LuxembourgTechnologyKPMG Luxembourg
ArticleGovernance Rises In Importance, Again, For Family BusinessesThe latest Family Business Barometer was recently released by the European Family Business (EFB) and KPMG Enterprise, containing the results of an online survey ...LuxembourgCorporate/Commercial LawKPMG Luxembourg
ArticleThe M&A Trends Driving Luxembourg's Banking SectorThe banking market in Luxembourg has recently seen a surge in deal activity, with a multitude of strategies employed by buyers and sellers alike. LuxembourgFinance and BankingKPMG Luxembourg
ArticleLuxembourg Tax Alert 2016-09On 26 April 2016, Prime Minister Xavier Bettel delivered his State of the Nation speech, during which he highlighted some of the proposed changes to the Luxembourg tax system to be implemented in 2017.LuxembourgTaxKPMG Luxembourg
ArticleComing Out Of Luxembourg: A Blockchain-Based Product For Asset ManagersSomewhere on every asset manager's wishlist has been a FinTech solution that fosters a more direct connection to their end-users. LuxembourgWealth ManagementKPMG Luxembourg
ArticleEMIR: The Ongoing Search For A Compliant And Efficient FrameworkHaving entered into force in August 2012, the regulation known as EMIR[1] has now turned five years old.LuxembourgFinance and BankingKPMG Luxembourg
ArticleLuxembourg's Taxation Of Virtual Currencies Is Competitive In EUOn 26 July 2018, the Luxembourgish Tax Authorities (ACD) published a circular that seeks to clarify the tax treatment of virtual currencies ...European UnionTechnologyKPMG Luxembourg
ArticleIn The Search For Yield, One Area Is Looking Rather PromisingSince the 2008 crisis, mid-sized companies have often come up short when it comes to growth finance, due to banks lowering their levels of debt financing...LuxembourgFinance and BankingKPMG Luxembourg
ArticleOiling The Right Places In The Fund MachineWith the current investment rate environment being what it is—low—fund managers and management companies are looking for more stability and better returns. However, for many, this is proving difficult. LuxembourgTaxKPMG Luxembourg
ArticleThe Chamber Of Deputies Of The Grand-Duchy Of Luxembourg Publishes Draft Law 7157 Implementing MiFID IIOn 3 July 2017, the Chamber of Deputies of the Grand-Duchy of Luxembourg issued a draft law 7157...LuxembourgFinance and BankingKPMG Luxembourg
ArticleFintech's Disruption Standoff: Just Who Is Disrupting Whom?A population roughly one tenth the size of Luxembourg's gathered in Lisbon, Portugal last week for the 2016 Web Summit.LuxembourgTechnologyKPMG Luxembourg
ArticleChina's "One Belt, One Road" Initiative: Connecting ContinentsThe first "Belt and Road Summit" will be held in May 2017 in Beijing, China.LuxembourgFinance and BankingKPMG Luxembourg
ArticleThe Substance Question: Investing In Germany From LuxembourgMore than ever, it's on everyone's mind, especially in the context of the OECD's Base Erosion and Profit Shifting (BEPS) action and the Multilateral Instrument (MLI).LuxembourgTaxKPMG Luxembourg