Newsletters & Newsflashes

On 2 December 2022, the CSSF issued a FAQ (the " CSSF FAQ") in relation to the Sustainable Finance Disclosure Regulation (EU) 2019/2088 of 27 November 2019 on sustainability-related disclosures in the financial services sector (" SFDR") and Commission Delegated Regulation (EU) 2022/1288 (" SFDR RTS"

In a judgment dated 8 December 2022 in the case C-694/20 Orde van Vlaamse Balies, the European Court of Justice (" ECJ" or the " Court") sitting in Grand Chamber handed down a decision concerning the compatibility of Directive 2011/16/EU on administrative cooperation in the field of taxation as

Background On 2 January 2023, the CSSF published a press release for the attention of issuers of securities subject to the law of 11 January 2008 on transparency requirements for issuers of securities, as amended (the " Transparency Law") and their auditors (the " Press Release"). With this Press

The Budget Law for the year 2023 (the “ 2023 Budget Law”), although falling short of the long awaited substantial tax reform, does provide for some tax amendments that may be of interest to individuals and employers as well as to corporations and investment funds. The 2023 Budget Law contains

On 7 December 2022, the Official Journal of the EU published Directive (EU) 2022/2381 of the European Parliament and of the Council of 23 November 2022 on improving the gender balance among directors of listed companies and related measures (the “ Directive”). The Directive aims at ensuring the

European Banking Authority guidelines on loan origination and monitoring (EBA/GL/2020/06) On 29 May 2020, the European Banking Authority (the " EBA") issued final guidelines on loan origination and monitoring (the " Guidelines"). The purpose of the Guidelines is to ensure that in-scope entities have

The law of 28 October 2022 creating the procedure for administrative dissolution without liquidation (the Dissolution Law) introduces in Luxembourg a simplified administrative dissolution procedure the aim of which is to allow certain illegible companies to be dissolved without recourse to the

On 30 September 2022, the European Supervisory Authorities (“ ESAs”) delivered to the European Commission their final report setting out draft regulatory technical standards (“ RTS”) on the disclosure of financial products’ exposure for investments in fossil gas and nuclear energy activities under

The Commission Delegated Regulation (EU) 2022/1214 of 9 March 2022 [ 1 ] (“ Nuclear and Gas Regulation”) was published on 15 July 2022 after finally being approved by the European Parliament after a long and difficult road. The Nuclear and Gas Regulation recognises fossil gas and nuclear activities

Following the proclamation of the European Social Rights Framework by the EU institutions in November 2017, Directive (EU) 2019/1152 on transparent and predictable working conditions in the European Union was adopted on 20 June 2020 (the " Directive"). The Directive aims, inter alia, to improve

Following the proclamation of the European Social Rights Framework by the EU institutions in November 2017, Directive (EU) 2019/1152 on transparent and predictable working conditions in the European Union was adopted on 20 June 2020 (the " Directive"). The Directive aims, inter alia, to improve