On 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.

Bill 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")...

Le Grand-Duché de Luxembourg a favorisé l’émergence de captives de réassurance en permettant la constitution d’une réserve fiscalement déductible.

Instead of abolishing bearer shares... the Luxembourg lawmaker has chosen to retain the possibility for Luxembourg commercial companies to issue bearer shares provided to their immobilisation...

The Grand Duchy of Luxembourg has two district courts ("Tribunal d’arrondissement"), one for the Diekirch district and one for the Luxembourg district.

The 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 has been deposited on Friday August 24, 2012 at the Luxembourg Parliament.

CSSF Circular 14/587 regarding provisions applicable to credit institutions acting as depositary of UCITS under Part I of the Luxembourg Law of 17 December 2010 – transition period extended to 18 March 2016.

The European Parliament adopted in plenary session the UCITS V Directive.

The ESMA published its guidelines on Exchange-Traded Funds and other Undertaking for Collective Investment in Transferable Securities issues.

_On 25 November 2021 the European Commission adopted a package of measures to ensure better data access and revamped investment rules.

Only few weeks upon the issuance of its "UCITS V Proposal Directive", the European Commission has issued on 26 July 2012 its "Consultation Paper" on Undertakings for Collective Investment in Transferable Securities which aims to follow on and deepen the Commission’s understanding of specific notions which are

The Court of Justice declared the directive n° 2006/24/EC on the retention of data invalid.

The Luxembourg limited partnership regime is being modernised to become more attractive for private equity, venture capital and real estate transactions.

The Member States having recently implemented the so-called UCITS IV Directive, on July 3, 2012 the European Commission has already published a "Proposal for a Directive of the European Parliament and of the Council amending the UCITS IV Directive".

The CSSF informs that the current form «Application questionnaire for the set up of an undertaking for collective investment» is replaced for UCITS only from 1 September 2014.

The Luxembourg Supervisory Authority for the Financial Sector issued on 23 October 2013 its updated "Frequently Ask Questions" on securitisation vehicles in order clarify its position in relation to the definition of "securitisation special purpose entities" under the law dated 12 July 2013 on alternative investment fund managers.

Long awaited CSSF regulation n° 12-01 regarding risk management and conflict of interests has been issued and lays down detailed rules for the application of article 42bis of the amended Luxembourg law of 13 February 2007 relating to specialized investment funds

According to articles 119 bis and 187 of the French code général des impôts, the dividends paid to foreign pension and investment funds are subject to a withholding tax of 25% or 15% if there is a bilateral treaty between France and the State where the investor is established.

The law dated 29 March 2013 relating to administrative cooperation in the field of taxation aims at (i) transposing Council Directive 2011/16/EU into Luxembourg law and (ii) strengthening administrative cooperation between Member States in the field of taxation.

_On 25 November, the European Commission published a package of measures concerning the proposed establishment of an European Single Access Point (ESAP), which includes the following: