On 28 November 2022, the European Parliament and the Council of the European Union adopted the Corporate Sustainability Reporting Directive (the “CSRD”). This Directive represents a significant step in the European Union’s...more
Private debt funds, also known as private credit funds, have emerged as powerful investment vehicles, offering diversification and attractive risk-adjusted returns in today's challenging financial markets. Luxembourg, with...more
Luxembourg is currently the largest captive reinsurance market in the European Union. Most reinsurance companies domiciled in Luxembourg are captive-type – i.e., subsidiaries within a group that are insuring or – probably...more
Luxembourg is a jurisdiction, globally well-known for its fund industry (2nd place in the world for investment funds), but finance is not the sole sector you should have in mind while thinking of Luxembourg. The space sector,...more
On 6 April 2022, the European Commission has published the final Regulatory Technical Standards (RTS) supplementing the Sustainable Finance Disclosure Regulation (SFDR), which shall apply from 1 January 2023. The RTS will...more
On 22 December 2021, the Luxembourg financial sector authority, the Commission de Surveillance du Secteur Financier (the “CSSF”), published three sectoral circulars (CSSF Circulars 21/788, 21/789 and 21/790) which aim at...more
On 9 April 2020, the CSSF published a press release relating to the launch of a weekly questionnaire to be completed by investment fund managers (IFMs). The rationale behind this new questionnaire is to gather data in...more