Luxembourg temporarily reduces VAT rates WITH THE LUXEMBOURG PARLIAMENT’S ADOPTION OF BILL OF LAW NO. 8083 PUBLISHED ON 26 OCTOBER 2022, A 1% REDUCTION OF ALL VAT RATES (EXCEPT THE SUPER-REDUCED RATE, WHICH WILL REMAIN AT 3%) WILL APPLY IN L...
Harcèlement sexuel au travail : quelles obligations pèsent sur l’employeur ? A l’heure où la parole des victimes de violences sexuelles se libèrent en créant des précédents médiatiques retentissants (affaire Weinstein, #Metoo, Balance ton porc…), la Cour d’appel de Luxembourg ...
Sustainable Finance Insight Series - 18 | RTS on nuclear and gas investment disclosures under SFDR On 30 September 2022, the European Supervisory Authorities (“ESAs”) delivered to the European Commission their final report setting out draft regulatory technical standards (“RTS”) on the disclosure o...
The act of 28 October 2022 on the procedure of administrative dissolution without liquidation comes into effect on 1st February 2023 The Luxembourg act of 28 October 2022 introducing the procedure of administrative dissolution without liquidation (procédure de dissolution administrative sans liquidation, the "Administrative Dissolu...
Administrative dissolution without liquidation now possible in Luxembourg ON 18 OCTOBER 2022, THE LUXEMBOURG PARLIAMENT PASSED A LAW (THE “LAW”) INTRODUCING AN ADMINISTRATIVE PROCEEDING BY WHICH A COMPANY MAY BE DISSOLVED WITHOUT LIQUIDATION (PROCÉDURE DE DISSOLUTION ADMINI...
In the FastLane – LuxSE introduces simplified admission process for EuroMTF listings The Luxembourg Stock Exchange has introduced a simplified new admission process for trading on its EuroMTF market. As the name of this new service suggests, FastLane creates a time-efficient admission...
5 things you need to know about the Unified Patent Court After a great deal of discussion and years of preparation, the European patent landscape will soon change significantly with the introduction of the Unified Patent Court (UPC). The Benelux countries, ...
Fight against money laundering and terrorist financing | Amendments to the requirements for persons subject to the AML Law On 12 August 2022, the law of 29 July 2022 entered into force (hereinafter the “Law”) amending 1) the Code of criminal procedure, 2) the amended law of 8 August 2000 on international judicial assistan...
Digital operational resilience as key priority for financial institutions Financial institutions and third-party ICT providers will have to strengthen their IT security organisations, as the European Digital Operational Resilience Act (DORA) is expected to be fully applicab...
Premier regard sur le projet de loi n° 8070 transposant la directive n° 2019/1152 relative à des conditions de travail transparentes et prévisibles Le projet de loi n° 8070 vient d’être déposé en date du 7 septembre 2022. Il a pour objet de transposer une directive européenne de 2019 relative « à des conditions de travail transparentes et prévisi...
Recent VAT developments These past few weeks have brought plenty of news that will impact the Luxembourg VAT practice. You will find hereafter a summary of the key elements. Temporary reduction of the Luxembourg VAT rates On...
AML/CFT FRAMEWORK OF INVESTMENT FUNDS: IN THE WAKE OF EU HARMONIZATION, WHERE DO WE STAND IN LUXEMBOURG? On 20 July 2021, the European Commission (Commission) released an ambitious package of legislation in order to strengthen and harmonize measures on anti-money laundering and the countering of terroris...