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Awards
By Arendt & Medernach
Arendt China Forum 2018
By Grégory Minne, Clara Mara-Marhuenda
Situated at the crossroads between Belgium, France and Germany, Luxembourg is a highly stable country and has registered relatively consistent growth rates in the last two years with a GDP growth of ...
By Paul Mousel, Pierre-Michael De Waersegger
On 22nd August 2018, the law of 10th August 2018 (implementing the EU Directive 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution
By Sophie Wagner-Chartier, Astrid Wagner
In addition to the law of 18 July 2018, a Grand-Ducal regulation was adopted on the same day and entered into force on 30 July 2018.
By Isabelle Lebbe, Mathieu Scodellaro
On 23 August 2018, the Luxembourg supervisory authority of the financial sector, the CSSF, published a new circular, Circular 18/697 (the "Circular"), which is addressed to Luxembourg credit institutions ...
By Claude Niedner, Odile Renner, Gilles Dusemon, Nicolas Deldime
The Commission de Surveillance du Secteur Financier ("CSSF") has issued today circular 18/698 concerning (i) the approval process and organisation of Luxembourg fund management
By Glenn Meyer, Philippe Dupont, Pierre-Michael De Waersegger, Marc Mouton
On 21st August 2018, the law on the information to be obtained and held by fiduciary agents (the "2018 Law") implementing part of Article 31 of EU Directive 2015/849 of 20th May 2015 ...
By Arendt & Medernach
The Asset Management sector is experiencing an increased and structural pressure from several and concurrent factors: geopolitical tension ...
By Philippe Schmit
From 1 August 2018, the index applicable to employees' wages will climb from 794.54 to 814.40. This index increase will result in a 2.5% increase in the gross salary paid to employees with employment
By Florence Stainier, Bishr Shiblaq
According to the Association of the Luxembourg Fund Industry, sustainable and responsible investing will lead the agenda
By Bruno Gasparotto, Nicolas Conrad, Sophie Weyten, Claire Schmitt
The bill of law n°7278 implementing the VAT group into Luxembourg law, as outlined in our previous Newsflash on 13 April 2018, was voted on 26 July 2018 by the Chamber of Deputies.
By Danny Beeton
On 3 July 2018, the OECD launched a consultation on the transfer pricing of financial transactions by publishing the first draft of a new chapter of the OECD Transfer Pricing Guidelines...
By Arendt & Medernach
On 5 July 2018, the CJEU released a welcome decision in the Marle Participations case concerning the deduction of input VAT by a holding company on costs incurred in relation to acquisitions and sales of shares...
By Philippe-Emmanuel Partsch, Thomas Evans
On 8 June, the Luxembourg Competition Council exempted an agreement between Benelux Taxis, Inter-Taxis and other Taxi companies who jointly use the Webtaxi reservation centre for taking
By Arendt & Medernach
The new directive (Directive (EU) 2018/843) on the prevention of the use of the financial system for the purposes of money laundering or terrorism financing (the "5th AML Directive") ...