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People and blue background - Luxembourg appointments 2021

L&L Luxembourg appointments 2021

Loyens & Loeff Luxembourg appoints three partners, one counsel and ten senior associates as from 1 January 2021.

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Cogwheel - CSSF fast track procedure

SFDR disclosures: Luxembourg regulator implements a fast track procedure for prospectus/issuing document updates

The CSSF issued a communication on 16 December 2020 on regulatory requirements and fast track procedure for UCITS, Part II UCIs and SIFs.

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VAT Luxembourg Appeal decision - house - VAT word - calculator

Lux­em­bourg Court of Ap­peal con­firms de­ductibil­i­ty of in­put VAT even in case of rent-free pe­ri­ods in a VAT­able lease

The Luxembourg Court of Appeal has recently confirmed deductibility of input VAT even in case of rent-free periods in a VATable lease.

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Financial-unit-intelligence-bribery

Luxembourg Financial Intelligence Unit: 2019 Annual Report

As 2020 draws to a close, the Luxembourg Financial Intelligence Unit published its annual report for 2019 highlighting over 50,000 declarations and blocked funds which exceeded EUR 231 million.

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CSSF-weekly-updates-business-background

Brexit: Luxembourg regulator clarifies actions to be taken in view of the end of the transitional period on 31 December 2020

The CSSF issued a press release on 7 December 2020 on the management of Luxembourg AIFs by UK AIFMs and the marketing of UK UCITS and AIFs in Luxembourg. UK AIFMs or impacted funds must take certain actions by 31 December 2020 at the latest to the extent no action has been taken so far.

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virtual business meeting - flash Law of 25 Nov 2020

Remote meeting regime extended until 30 June 2021

The law dated 25 November 2020 (the 25 November 2020 Law), amending the law of 23 September 2020, comprises the latest set of measures adopted by the Luxembourg legislation to ensure that companies will continue to benefit from simpler formalities for adoption of corporate resolutions.

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Coronavirus - Belgian measures for businesses

Our coronavirus experts in Luxembourg