Newsletters & Newsflashes

Entry into force of MiCAR On 29 June 2023, the amended Regulation (EU) 2023/1114 of 31 May 2023 on markets in crypto-assets (“ MiCAR ”), entered into force, establishing a harmonised framework for the offer to the public and admission to trading on a trading platform: of asset-referenced tokens (“

Harmonised criteria for ESG and sustainability terms in fund names The European Securities and Markets Authority (“ ESMA”) has published the final report on fund names guidelines. The aim is to prevent “greenwashing” by ensuring that environmental, social and governmental (“ ESG”) criteria and

T he European Securities and Markets Authority (“ ESMA”) responded to the European Commission's (" EC") request for amendments to the European long-term investment fund (“ ELTIF”) regulatory technical standards (“ RTS”). Background Since the introduction of ELTIFs in 2015, their adoption in the EU

The law of 4 June 2024 amending the law of 29 August 2008 on the free movement of persons and immigration (the « Immigration Law ») was published in the Official Journal on 27 June 2024 (the “ Law”). The Law entered into force on 1 July 2024. The Law transposes into national law Directive (EU) 2021

Higher Administrative Court decision of 4 June 2024 On 4 June 2024, the Higher Administrative Court (n° 49203C) delivered its decision on abuse of law in the context of the repurchase and cancellation of classes of shares. The Higher Administrative Court confirmed the decision of the Lower

Test In a case involving a Luxembourg law firm which had been ordered by the Luxembourg Tax Authorities to disclose all documentation relating to advice given to a client for the purpose of an exchange of information upon request with the tax authority of another EU Member State, the Luxembourg

On 23 May 2024, the government submitted draft law No. 8388 to the Luxembourg Parliament (the “ Draft Law”) clarifying the Luxembourg tax treatment applicable to classes of shares, simplifying the minimum net wealth tax regime, and introducing an opt-out mechanism for dividends tax exemption. Other

We are excited to bring to your attention a significant development in AIFMD 2.0 with the introduction of a new provision for depositaries. This update will shed some light on the conditions that must be fulfilled when the depositary delivers its services while being based in a different EU state

On 23 October 2023, the Lower Administrative Court ( Tribunal administratif) handed down a judgement in direct tax matters, in which it dismissed as inadmissible an appeal lodged with it, on the grounds that the principle of a single lawyer or representative had been breached. The appeal was indeed

On 7 March 2024, the Court of Justice of the European Union (“ ECJ”) handed down a judgment regarding the right to deduct input value added tax (“ VAT”) for a company which was deemed “non-operational” by the national tax authority. In the case at hand, a company carried out an economic activity of

Notre Partner Fabio Trevisan a présenté l’arbitrage au cours d’une interview vidéo Uplawder . Plus précisément, il évoque dans cet entretien (i) ce qu'est l'arbitrage ; (ii) les spécificités de l'arbitrage à Luxembourg ; (iii) ses avantages ; (iv) les bonnes pratiques ; ainsi que (v) ses retours d