Application of ESMA’s Guidelines on Marketing Communications for AIFs and UCITS from 2 February 2022 The introduction of the concept of pre-marketing was one of the more widely discussed elements of the Cross Border Distribution Directive (and Regulation); however, it went further and introduced a nu...
Premier regard sur le projet de loi concernant les lanceurs d’alerte SOMMAIRE Un projet de loi vient d’être déposé pour transposer la directive européenne sur les lanceurs d’alerte ( whistleblowing ). Le but est de protéger les lanceurs d’alerte contre toutes les forme...
Admissibility of a court case filed by a trainee lawyer | Judgment of higher administrative court On 11 November 2021, the Higher Administrative Court (Cour administrative) issued a judgment on an appeal lodged by a taxpayer against a judgment of the Lower Administrative Court (Tribunal administra...
International sanctions update – Is the EU getting tougher on sanctions? On 13 December 2021, the Council of the EU adopted restrictive measures against the Wagner group, a Russia-based unincorporated private military entity, as well as eight individuals and three connecte...
Preuve des heures supplémentaires par le biais d’un système destiné à la facturation des clients ? Un décompte d’heures établi à partir d’un système mis en place par l’employeur, dans lequel un salarié y enregistre des heures qu’il a prestées, afin de facturer les projets aux clients, suffit-il à p...
2022 - New Year, New Perspectives: News and Future Regulatory Developments Here we are in the third calendar year of the Covid-19 pandemic; a period in which the funds industry has faced a wide range of challenges, from adapting to travel and work restrictions, to extremes o...
European Electronic Communication Code adopted What happened? The Law of 17 December 2021 on electronic communications networks and services (the "Law") was published on 22 December 2021 and came into force on 26 December 2021. It repeals the form...
Draft law proposing amendments to the Luxembourg financial collateral law On 20 December 2021, a draft law No. 7933 (the "Draft Law") was lodged with the Luxembourg Chamber of Deputies. While the main aim of the Draft Law is to implement Regulation (EU) 2021/23 of 16 Decemb...
Mandatory COVID Checks at the Workplace from 15 January 2022 As announced by the Luxembourg government, each employer in Luxembourg will be obliged to apply “3G” COVID Checks at the office for a temporary period as from 15 January 2022 until 28 February 2022 (w...
Décision d’inaptitude et absence de démarches de l’employeur : faute grave ? Salarié capable de reprendre le travail selon le médecin-conseil du Contrôle Médical de la Sécurité Sociale (CMSS)… mais inapte à son poste de travail selon le médecin du travail : quel comportement l...
EU Commission issues draft directives on substance requirements and minimum taxation On 22 December 2021, the EU Commission issued two major draft directives that are expected to have a significant impact on EU corporate taxpayers: a proposal for a Council Directive laying down rules ...
Nouvelles obligations en matière de facturation électronique La loi du 13 décembre 2021 modifiant la loi du 16 mai 2019 relative à la facturation électronique dans le cadre des marchés publics et des contrats de concession a pris effet le 18 décembre 2021. Elle...