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ATOZ Tax Advisers
On 28 September 2021, more than five years after it was first tabled, the so-called "public Country-by-Country Reporting (CbCR) directive" was finally adopted by the EU Council under qualified majority voting.
Loyens & Loeff
An overview in which our Banking and Finance Practice Group highlights...
ELVINGER HOSS PRUSSEN, société anonyme
Regulation (EU) 2021/1119 or the "European Climate Law", a landmark text writing into law the EU's commitment to reaching climate neutrality by 2050, entered into force on 29 July 2021.
Wildgen
The Sustainable Finance Disclosure Regulation (SFDR) applies to all financial product offerings within the European Union.
Luxembourg
Wildgen
_Nous l'aurons tous compris lors du discours de notre premier ministre, Xavier Bettel, le 8 octobre 2021 dernier, la possibilité pour les employeurs d'instaurer le CovidCheck en entreprise...
Wildgen
_Comme chaque année, le Commissariat aux Assurances (le CAA) a publié au cours du mois de juillet son rapport d'activité 2020-2021.
Maples Group
Luxembourg remains a pre-eminent jurisdic­tion for private equity investment funds, with unregulated funds being the most utilised for­mat.
TMF Group BV
Despite its strong economic credentials, doing business in Luxembourg can be a difficult task without prior knowledge of the corporate landscape.
NautaDutilh Avocats Luxembourg
On 15 September 2021, the Luxembourg minister for foreign and European affairs tabled a bill (no 7885) "establishing a national screening mechanism for foreign direct investments...
Arendt & Medernach
On 30 September 2021, the CSSF launched a new eDesk module for the declaration of performance fee models. The new eDesk module is devoted solely to performance fees.
L&E Global
Luxembourg has agreed to extend the tax agreement with Germany until 31 December 2021.
Loyens & Loeff
A bribe can be generally defined as an offer, promise, donation, present or advantage of any kind given or received, directly or indirectly to induce or influence the action or influence of a person.
Maples Group
On 22 September 2021, Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier ("CSSF"), issued a press release announcing the launch of a new performance fee module on its eDesk platform.
Arendt & Medernach
Since 1 October 2021, the index applicable to employees' wages has been increased from 834,76 to 855,62. This results in a 2.5% raise of the gross salary paid to employees with Luxemburg Law subject employment contracts.
lus Laboris
The Luxembourg data protection authority, the CNPD, recently fined an employer for failing to comply with the GDPR in its use of geolocation devices when tracking service vehicles...
ELVINGER HOSS PRUSSEN, société anonyme
On Friday 1 October 2021, the National Institute of Statistics and Economic Studies ("STATEC") confirmed that the annual inflation rate of the national consumer price index reached 2.7% in September 2021...
Arendt & Medernach
The business combination, referred to as a process of "de-SPACing", is the third transaction of its type in Luxembourg.
ELVINGER HOSS PRUSSEN, société anonyme
In a judgment of 24 Mars 2021, the Luxembourg Administrative Tribunal confirmed the decision of the President of the Competition Council rejecting a request for interim measures against Amazon Services Europe S.à r.l. for an alleged abuse ...
Maples Group
In this Country Correspondent Report for Islamic Finance News ("IFN"), Manuela Belmontes and Julia Journée discuss how Luxembourg is leading Islamic Finance in the European Union and continues to be an attractive hub for Islamic investment funds and Shariah compliant investment vehicles.
Wildgen
The following is a non-exhaustive list of 10 tips for unlisted companies to avoid conflict.
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