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1
Nouvelle loi sur le bail commercial
La Chambre des Députés a adopté le 17 janvier la loi portant sur le bail commercial qui modifie profondément le régime applicable aux baux d'immeubles destinés à l'exercice d'une activité commerciale, industrielle ou artisanale.
Luxembourg
19 Jan 2018
2
Brexit: Turning Luxembourg Remuneration Rumours Into Facts
For companies considering relocating to the EU, local remuneration practices are, naturally, an important factor. Luxembourg is well-known for offering highly flexible remuneration packages.
European Union
19 Jan 2018
3
ESMA's Requirements For Corporate Entities In Light Of IFRS 9
Our last posts presented the expectations of ESMA regarding the new IFRSs (IFRS 9 Financial Instruments, IFRS 15 Revenue from Contracts with Customers, and IFRS 16 Leases).
European Union
19 Jan 2018
4
New Law On Commercial Leases
On 17 January, the Parliament adopted the Law on commercial leases (the "Law") which modifies significantly the regime applicable to commercial leases.
Luxembourg
19 Jan 2018
5
Drafting Limited Partnership Agreements Under Luxembourg Law
As international clients from common law jurisdictions expand their businesses in a civil law jurisdiction such as Luxembourg, the question of the enforceability of the liquidated damages and penalty clause ...
Luxembourg
18 Jan 2018
6
Inducements Under The IDD (Compared To MiFID)
The Insurance Distribution Directive (IDD) is to insurance what MiFID is to investments. It repeals the directive on insurance mediation and regulates specific insurance-based investments, including inducements.
Luxembourg
18 Jan 2018
7
Luxembourg Real Estate – Legal Developments On Commercial Leases
This brief report provides a summary of the most important amendments of the legal provisions applicable to commercial leases, introduced in Luxembourg through the law dated 17 January 17...
Luxembourg
18 Jan 2018
8
CSSF Press Release 18/02 – Change Of Regulatory Practice
On 5 January 2018 the CSSF announced in a press release that they are rescinding their standing position in relation to the assessment of the eligibility criteria of non-UCITS open-ended ETFs and other UCIs ...
Luxembourg
16 Jan 2018
9
IFRS 9: Classifying Financial Assets As Equity Instruments
In its September 2017 update, the IFRS Interpretations Committee (IFRIC) published its view on when to classify particular investments as equity under IFRS 9.
Luxembourg
16 Jan 2018
10
Reorganised Luxembourg Law On Commercial Companies Comes Into Force
A revised version of Luxembourg's law on commercial companies, originally dating from August 10, 2015, came into force on December 19, 2017, following its publication in the grand duchy's official gazette (Mémorial A no. 1066) on December 2015 (the "Company Law").
Luxembourg
15 Jan 2018
11
New Bills Of Law In Relation To The Creation Of Luxembourg Registers Of Beneficial Owners And Fiduciary Arrangements
Two bills of law were filed on 6 December 2017 by the Luxembourg Ministry of Justice with a view to transposing articles 30 and 31 of the Directive (EU) 2015/849 ...
European Union
12 Jan 2018
12
Governance Rises In Importance, Again, For Family Businesses
The latest Family Business Barometer was recently released by the European Family Business (EFB) and KPMG Enterprise, containing the results of an online survey ...
Luxembourg
12 Jan 2018
13
CSSF Releases Its Enforcement Priorities
In accordance with the enforcement priorities published by the European Securities and Market Authority (ESMA) in October 2017, the Commission de Surveillance du Secteur Financier (CSSF) ..
Luxembourg
12 Jan 2018
14
Bill Of Law No. 7228 – Simplification Of Access To Certain Professions In Luxembourg
On 22nd December 2017, the Luxembourg Minister of Economics filed Bill of law No. 7228 (the "Bill") aiming to amend the Law of 2 September 2011 on access to certain professions...
Luxembourg
11 Jan 2018
15
Golden Disclaimers
The Enlarged Board of Appeal of the European Patent Office has issued decision G 1/16 on the allowability of undisclosed disclaimers introduced into a patent claim.
Luxembourg
10 Jan 2018
16
Updated CSSF UCI FAQ: Policy Change Regarding Investments In Non-UCITS ETFs
On 5 January 2018, the CSSF updated its Frequently Asked Questions (FAQ) document on the Law of 17 December 2010 (the "UCI Law") in relation to investment by UCITS in other UCIs as per Article 41(1)(e)...
Luxembourg
9 Jan 2018
17
CSSF Clarifies Application Of MiFID/MiFIR
The CSSF clarifies that as foreseen in the Treaty on the Functioning of the European Union for all European Regulations, MiFIR will be binding and directly applicable in Luxembourg from 3 January 2018.
Luxembourg
9 Jan 2018
18
Technology, Media And Telecommunications 2017
The Luxembourg TMT sector has evolved from being predominantly a provider of voice services into a diverse, competitive and interconnected industry using terrestrial, satellite and wireless transmission systems.
Luxembourg
5 Jan 2018
19
General Data Protection Regulation: Time To Get Ready!
The countdown has started: in less than five months, the General Data Protection Regulation (the "GDPR") will become directly applicable within the European Union (the "EU").
Luxembourg
5 Jan 2018
20
Tax Treaties News - November 2017
On 18 April 2017, the amending protocol signed by Luxembourg and Ukraine on 30 September 2016 on the Ukraine-Luxembourg double tax treaty entered into force.
Worldwide
4 Jan 2018
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