Digital Green Pass: EU data protection authorities’ position What happened? On 31 March 2021, the European Data Protection Board (the EDPB) and the European Data Protection Supervisor (the EDPS, together the Authorities) adopted a joint opinion on the European ...
Circular CSSF 21/769 – Teleworking in supervised entities On 9 April 2021, the CSSF published Circular CSSF 21/769 regarding governance and security requirements for Supervised Entities (as defined below) to perform tasks or activities through Telework (as d...
Sustainable finance: Key considerations for loan documents As regulators, shareholders, investors and wider society increasingly focus their attention on ESG matters, they have crept up the boardroom agenda of large companies and financial institutions and ar...
Suppression de poste durant le congé parental? Cessation d’activité, transfert d’entreprise…: la restructuration décidée par un employeur peut prendre différentes formes, non sans conséquence sur le contrat de travail du salarié en congé parental....
The revised Commission merger control referral mechanism – Practical considerations for Luxembourg M&A transactions ON 26 MARCH 2021, THE EUROPEAN COMMISSION (THE “COMMISSION”) PUBLISHED “COMMISSION GUIDANCE ON THE APPLICATION OF THE REFERRAL MECHANISM SET OUT IN ARTICLE 22 OF THE MERGER REGULATION TO CERTAIN CATEG...
IMPACT DU COVID-19 SUR LE DROIT LUXEMBOURGEOIS La Conférence Saint-Yves (CSY) et la section luxembourgeoise de la European Law Students Association (ELSA Luxembourg) ont organisé le 1er décembre 2020 un webinar abordant la question de l’impact du ...
Vigilance en matière de congés payés La Cour de Justice de l’Union Européenne a récemment fourni d’importantes précisions concernant le rôle de l’employeur en matière de prise et de perte de congés payés. Par deux arrêts du 6 novembre 20...
EU crowdfunding regulation: latest developments Background Regulation (EU) 2020/1503 of 7 October 2020 on the European crowdfunding service providers for business (the “Crowdfunding Regulation”), shall apply from 10 November 2021. The Crowdfunding ...
Luxembourg: a new hub for fintech businesses and issuers willing to use new technologies for issuing their securities? OUR INSIGHTS AT A GLANCE The law of 22 January 2021 modifying the law of 5 April 1993 on the financial sector and the law of 6 April 2013 on dematerialised securities was adopted (the “Law”) with the ...
L’INFRACTION D’ABUS DE FAIBLESSE L’INFRACTION D’ABUS DE FAIBLESSE AU LUXEMBOURG ET EN FRANCE Le délit d’abus de faiblesse a vu le jour essentiellement dans l’objectif de lutter contre les pratiques sectaires contre lesquelles les inf...
Sustainable Finance Insights Series - 12 | ESMA final report on taxonomy - alignment of non-financial undertakings and asset managers On 1 March 2021, ESMA published its final report on advice under article 8 of the taxonomy regulation (please refer to BSP Sustainable Newsflash Series number 7), which covers the information to be pr...
Recent legal developments in Real Estate Introduction The recent months have brought a variety of legislative changes impacting the real estate industry in Luxembourg, and further legal initiatives have been announced in draft bills. Further...