test newsletter 8 septembre bis

Asset management and investment funds

• ESMA report on UCITS costs and fees
• ESG - Sustainable finance update
• CSSF Circular on UCI administrator
• Outsourcing arrangements
• Marketing communications
• Cross-border (pre-)marketing: CSSF digitalised process
• MMF - ESMA Guidelines on stress test scenarios
• PRIIPs update
• Ukraine crisis

Administrative law

• Waste management

Commercial

• Reform of the right of establishment

Corporate, banking and finance

• CSSF Circular on outsourcing arrangements
• Updated governance rules for banks
• New legal framework for inactive accounts, safes and unclaimed insurance contracts
• Sustainability preferences in MiFID suitability test applicable soon
• Modernisation of the Law of 22 March 2004 on securitisation
• EU pilot regime for market infrastructures based on DLT
• CSSF Telework Circular applies since 1 July 2022

EU law, competition and antitrust

• EU sanctions in response to Russia's invasion of Ukraine
• Revised EU competition rules for distribution agreements entering into force
• CJEU clarifies "non bis in idem" in competition law
• Significant EU case law on abuse of dominance