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Regulatory Requirements Luxembourg

Goodwin

Luxembourg Takes Legislative Step to Implement the Digital Services Act

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Luxembourg has adopted the law of 4 April 2025, marking a significant step toward the national implementation of Regulation (EU) 2022/2065 on a Single Market for Digital Services (the Digital Services Act, or DSA)....more

Ius Laboris

Suspected Abuse of Sick Leave: What Can Employers in Luxembourg Do?

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Can an exceptionally high absenteeism rate justify exceptional control measures by the employer? Late last year, unconventional actions by the management of a Tesla factory in Germany came under the media spotlight....more

A&O Shearman

Important update for individuals registered with the RCS: Luxembourg National Identification Numbers

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The Luxembourg Business Registers (LBR) recently published a notice in relation to the Luxembourg national identification numbers (LNIN) of individuals that need to be registered with the Luxembourg trade and companies...more

Goodwin

Was Your SIF Set Up Before 2016? Consider a RAIF Conversion While Evaluating the Benefits of Maintaining a SIF

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The Specialised Investment Fund (SIF) regime was established in Luxembourg by the Law of 13 February 2007 (the “SIF Law”). The SIF regime’s purpose was to offer great flexibility on investment scope while structuring and...more

Goodwin

AML/CFT Compliance in Luxembourg: New Obligations for Funds

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Against the backdrop of reinforced European and international anti-money-laundering and countering the financing of terrorism (AML/CFT) requirements, the Administration de l’enregistrement, des domaines et de la TVA (AED) has...more

Goodwin

Luxembourg Strengthens Its Regulatory Framework for Crypto-Assets with the Implementation of MiCAR

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On 10 February 2025, the law of 6 February 2025 regarding, notably, digital finance was published in the Official Journal of Luxembourg (the “Law”)....more

K&L Gates LLP

Implementation of the Mobility Directive: Significant Changes for Mergers, Divisions and Conversions With the Introduction of a...

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On 23 January 2025, Luxembourg enacted a bill implementing the EU Mobility Directive (2019/2121) for cross-border conversions, mergers and divisions, featuring (i) a harmonised legal framework for these transactions across...more

Hogan Lovells

Luxembourg implements the EU Mobility Directive on cross-border conversions, mergers, and divisions

Hogan Lovells on

On 23 January 2025, the Luxembourg Parliament adopted in its first constitutional vote the law bill no. 8053 implementing the Directive (EU) 2019/2121 of the European Parliament and of the Council as regards cross-border...more

A&O Shearman

Luxembourg transposes the EU Mobility Directive - A new framework for Cross- Border Operations within the EEA

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The EU Mobility Directive establishes a new legal framework for cross- border conversions and divisions, harmonising the existing rules for cross-border mergers (the Cross-Border Operations). It aims to enhance company...more

Cadwalader, Wickersham & Taft LLP

Getting All Your ‘Lux’ in a Row – a Lender Checklist!

Every deal has its quirks but, as anyone who has done a deal with a Lux entity will know, the EU brings its own set of regulatory considerations to the table (primarily AIFMD). In many cases when compared with parallel...more

Goodwin

Entry into force of DORA on January 17, 2025: The CSSF will be at the heart of the compliance framework in Luxembourg

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Digital Operational Resilience Act (DORA) aims to harmonize provisions related to cybersecurity and information and communication technology (ICT) risk management in the financial sector. Its scope covers nearly all entities...more

Goodwin

AML/CTF Asset Due Diligence Obligations: CSSF Provides Clarifications in an initial Q&A

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On 13 December 2024, the Commission de Surveillance du Secteur Financier (CSSF) published the first FAQ to assist professionals in the investment sector supervised, authorised, or registered by the CSSF in complying with...more

A&O Shearman

Luxembourg RCS: what are the new requirements as of 12 November 2024?

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As of November 12, 2024, all individuals registered or to be registered within a file of an entity itself registered with the Luxembourg trade and companies register (RCS) will be required to communicate or request a...more

A&O Shearman

Luxembourg introduces tax relief package for corporates and individuals

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On July 17, 2024, the Luxembourg Minister of Finance submitted Bill of Law #8414 to the Luxembourg Parliament. The Bill proposes a series of tax measures aiming to make Luxembourg a more attractive place to work, do business...more

A&O Shearman

Amendments to Luxembourg laws to implement MiCAR and TFR: key takeaways and impact on VASPs

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On 21 May 2024, a bill of law n° 8387 was introduced before the Luxembourg Parliament. Its objective is to amend several pieces of Luxembourg legislation to operationalise various European regulations, in particular...more

King & Spalding

ELTIF 2 Chancen und Defizite

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BaFin veröffentlicht einen FAQ zur überarbeiteten ELTIF-Verordnung - Am 1. Februar 2024 hat die Bundesanstalt für Finanzdienstleistungs­aufsicht (BaFin) ein FAQ zur am 10. Januar 2024 in Kraft getretenen, überarbeiteten...more

A&O Shearman

New Law on the Right of Establishment in Luxembourg: What You Need to Know

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The Luxembourg Parliament passed on 20 July 2023 a law that reforms the right of establishment in Luxembourg, aiming to adapt the existing law to the changing environment and to enhance the professional integrity of...more

A&O Shearman

Luxembourg adopts insolvency reform: new restructuring options to complete the existing Luxembourg toolkit

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The Luxembourg parliament has adopted an act on business continuity, restructuring and the modernisation of the bankruptcy regime (the Insolvency Modernisation Act or IMA)....more

Cadwalader, Wickersham & Taft LLP

Miami, Here We Come - February 2022 | Issue No. 162 - Ogier CAYLUX – Fund Finance: The Investor Notice

The security package for a subscription facility will typically include security over the uncalled capital commitments of a fund’s investors, including: (i) the right to make capital calls on investors in respect of their...more

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