ArticleReform Of The Right Of EstablishmentOn 8 April 2021, 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.LuxembourgCorporate/Commercial LawWildgen
ArticleAuthorisation & Organisation Of Luxembourg Management CompaniesThe Luxembourg Financial regulator (Commission de Surveillance du Secteur Financier, the "CSSF") issued the circular 12/546 on 24 October 2012 regarding the authorisation and organisation of Luxembourg management companies subject to chapter 15 of the law dated 17 December 2010 relating to undertakings for collective investments (the "2010 Law") and investment companies (i.e. SICAVs) qualifying as UCITS which have not designed a management company within the meaning of article 27 of the 2010 LLuxembourgFinance and BankingWildgen
ArticleDraft Law For The Transposition Of The AIFM DirectiveThe draft law 6471 transposing Directive 2011/61 EC of the European Parliament and of the Council of November 11, 2010 on alternative investment fund managers (the "AIFM Directive") has been deposited on Friday August 24, 2012 at the Chambre des Députés.LuxembourgFinance and BankingWildgen
ArticleInvestment Fund Managers: Declare Your Performance Fee Models Via A New Dedicated CSSF EDESK Application_Following the Circular CSSF 20/764 of 18 December 2020 - which had integrated the ESMA Guidelines 34-39-992 on performance fees in UCITS and certain types of AIFs into CSSF's administrative practices and ...LuxembourgFinance and BankingWildgen
ArticleLuxembourg AIFM: End Of The One Year Transitional PeriodFurthermore, a total of 487 entities have been granted the status of registered AIFM under the provisions of Article 3(2) of the AIFM Law as at 22 July 2014. LuxembourgFinance and BankingWildgen
ArticleTrilogue Agreement On The Framework For Bank Recovery And ResolutionOn December 11, the European Parliament and EU Member States agreed on the long awaited Bank Recovery and Resolution Directive.LuxembourgFinance and BankingWildgen
ArticleUmsetzung der AIFM Richtlinie in deutsches Recht Auswirkungen auf Deutsch-Luxemburger FondstrukturenNachdem ein erster Versuch zur Umsetzung der Richtlinie 2011/61/EU des Europäischen Parlaments und des Rates vom 8. Juni 2011 über die Verwalter alternativer Investmentfonds im Juli 2013 an den Bedenken des Bundesrates gescheitert war, wurde die Richtlinie nunmehr im Rahmen der Aufhebung des alten Investmentgesetzes und der Einführung des sogenannten Kapitalanlagegesetzbuchs mit Wirkung zum 23.LuxembourgFinance and BankingWildgen
ArticleTaxation Of Income And Gains From IP RightsIn its answer to a parliamentary question on patent boxes (QP 896), Luxembourg Finance Minister announced that a new IP tax regime in line with the so‑called "modified nexus approach" will be introduced.LuxembourgTaxWildgen
ArticleLuxembourg Maritime Registry Recognised By The Paris MoUThe Paris Memorandum of Understanding Committee approved the 2013 inspection results and adopted new performance lists for flags and recognised organisations.LuxembourgTransportWildgen
ArticleWildgen's Rundschreiben | Rückblick Januar - Juli 2021 Vor Der Sommerpause_Sie sind an aktuellen Themen rund um das Luxemburger Recht interessiert.LuxembourgFinance and BankingWildgen
ArticleLes contrats d'assurance dans le cadre de la vente en l'état futur d'achèvement (VEFA)_Dans le numéro 11 de la Revue luxembourgeoise de droit immobilier publié en avril 2022 par Legitech, nos experts Karine Vilret, Silvia Bracaloni (assurance) et Romain Viard (immobilier), ...LuxembourgInsuranceWildgen
ArticleGlobal Legal Insights - Litigation & Dispute Resolution Third EditionJackye Elombo and Florence Piret have contributed the Luxembourg chapter of the 3rd edition of Global Legal Insights - Litigation & Dispute Resolution handbook.LuxembourgLitigation, Mediation & ArbitrationWildgen
ArticleFourth Amendment Of The Luxembourg And France Double Tax TreatyThe French and Luxembourg Finance Ministers signed, on 5 September 2014, a Protocol amending Article 3 (the "Protocol") of the France-Luxembourg double tax treaty for the avoidance of double taxation and the establishment of rules of reciprocal administrative assistance with respect to taxes on income and fortune (the "Tax Treaty").LuxembourgTaxWildgen
ArticleNew CSSF Circular Regarding Dormant Sub-Funds Of UCISThe new CSSF circular 12/540 has been issued on 9 July 2012 and provides clarification on the situation of dormant sub-funds of undertakings for collective investment ("UCI") subject to the Luxembourg law of 17 December 2010 on undertakings for collective investment or the Luxembourg law of 13 February 2007 on specialized investment funds, as amendedLuxembourgFinance and BankingWildgen
ArticleNew Regulation Of The European Long-Term Investment FundsOn 26th November 2014 the Commission reached a political agreement with the EU Council and Parliament for an investment plan for Europe including inter alias the launch of the ELTIFs.European UnionFinance and BankingWildgen
ArticleAmendment Of Transparency DirectiveOn 6 November 2013, Directive 2013/50/EC of the European Parliament and of the Council of 22 October 2013 amending the so-called Transparency Directive was published in the Official Journal of the European Union.LuxembourgCorporate/Commercial LawWildgen
ArticleCSSF Circular - Information To Be Submitted By Luxembourg Registered AIFMCSSF Circular 15/612 on the information to be submitted to the CSSF in relation to registered AIFM and/or authorised AIFM established in a third country.LuxembourgFinance and BankingWildgen
ArticleCSSF Clarifies Its Position On AIFMThe Commission de Surveillance du Secteur Financier has issued its updated version of the frequently asked questions dated 10 January 2014 concerning the Luxembourg Law of 12 July 2013 on alternative investment fund managers.LuxembourgFinance and BankingWildgen
ArticleUCITS Depositary Regime Clarified By The CSSFOn 11 July 2014 the CSSF issued a new circular 14/587 applying to UCITS' depositary banks and to the UCITS themselves regarding their relationship with their depositaries.LuxembourgFinance and BankingWildgen
ArticleBill N°7746 Regarding Amendments To Certain Tax, Financial And Budgetary Deadlines In The Context Of The State Of EmergencyBill n°7746 regarding amendments to certain tax, financial and budgetary deadlines in the context of the state of emergency was introduced on 15 January by Mr Gramegna, Finance Minister ("Bill")...LuxembourgTaxWildgen