Newsletter July 2023
- Newsletters
- Posted 10.07.2023
Asset management and investment funds
- Sustainable finance developments
- ESMA Q&As on UCITS and AIFM Directives: update
- ESMA report on valuation of UCITS and open-ended AIFs
- ELTIF II
- Cross-border distribution: CSSF FAQ on CBDF notification procedures
- Bill upgrading the Luxembourg investment fund toolbox
- AML/CFT update
- Recognition of UK benchmark administrators in the EU
Dispute resolution
Corporate, banking and finance
- Sustainable finance update
- EU regulates markets in crypto assets (MiCA)
- Entry into force of DLT Pilot Regime
- EU transfer of funds rules amended for cryptos
- Law on filtering mechanism for foreign direct investments
- Bill transposing EU Directive on non-performing loans
- New law on non-profit organisations and foundations
EU law, competition and antitrust
- Extension of EU sanctions regarding Ukraine crisis
- Commission adopts revised Horizontal Block Exemption Regulations
- Extension of applicability of the Motor Vehicle Block Exemption
- Merger control update
- Luxembourg vertical price-fixing decision overturned on appeal
Employment and pensions law
- Luxembourg implements the Directive on whistleblowers
- New law on protection against moral harassment
- Law on right to disconnect
ICT, IP, media and data protection
- Some useful clarifications on right of access under GDPR
- Transfers to the USA raise highest GDPR fine to date
Real estate
Tax
- New law on administrative cooperation in the field of taxation
- Bill introducing new reporting obligations for PSPs
- Bill implementing the EU public CbC reporting
- Circular on reverse hybrid rule
- Measures on telework for cross-border workers
- Luxembourg VAT authorities issue new circular on company cars
- Guidance on the prime participative regime for companies forming a fiscal unity
- New Relibi Circular
- Lawyer's professional secrecy and exchange of information on request
- Advocate General calls on CJEU to annul Engie and Amazon state aid decisions
- New double tax treaty concluded between Luxembourg and the United Kingdom
- Bill amending certain tax related procedural aspects