Luxembourg: Compliance

The European AI Office has finalized its Code of Practice on Transparency of AI-Generated Content, fundamentally altering how providers and deployers across the EU—including Luxembourg's financial sector—must mark, disclose, and detect AI-generated content ahead of the August 2026 deadline. The Code introduces significant structural changes from its December 2025 draft, including expanded marking flexibility, optional measures for certain requirements, a finalized EU icon, and a concrete interop

The transitional period under MiCAR for virtual asset service providers has ended, creating significant regulatory obligations for crypto-asset service providers and their customers. Luxembourg's CSSF has issued guidance on the implications for VASPs operating without proper authorization, third-country providers targeting EU clients, and the strict interpretation of reverse solicitation exemptions.

In March 2026, we published a client alert1 examining the Commission de Surveillance du Secteur Financier’s (CSSF) updated FAQ on crypto assets in investment funds and the key changes since the initial 2022 guidance.

Luxembourg's tax authority has issued critical guidance on Pillar Two registration requirements, clarifying that all in-scope entities must register regardless of filing obligations or safe harbour applicability.

Luxembourg's Labour Code mandates that companies establish schemes ensuring employees can disconnect from digital devices outside working hours. With administrative fines of up to EUR 25,000 looming after the June 2026 deadline, employers must implement practical arrangements, awareness campaigns, and compensation measures for exceptional derogations.

Private credit funds are nowadays key providers of credit to businesses and have taken over the role of traditional banks.

Luxembourg has updated the regime applying to its Trade and Company Register ("RCS") and its Register of Beneficial Owners ("RBO")...

Die EU-Richtlinie 2022/2381 „Women on Boards" (die „Richtlinie") ist mittlerweile offiziell in Kraft getreten, da die Mitgliedstaaten bis zum 28. Dezember 2024 Zeit hatten, um sie in nationales Recht umzusetzen.

La directive européenne 2022/2381 « Women on Boards » (la « Directive ») est officiellement entrée en vigueur étant donné que les États membres avaient jusqu'au 28 décembre 2024 pour la transposer en droit national.