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Luxembourg legislative proposal to implement mandatory disclosure rules published
The Luxembourg government has published its proposal to implement the EU Mandatory Disclosure directive. Qualifying intermediaries and, in some cases, taxpayers will have to report certain arrangements to the relevant tax authorities.
Luxembourg implementation of the Shareholders’ Rights Directive II
The Luxembourg Parliament has adopted a draft law introducing new measures related to shareholders’ rights in listed companies. The main objectives are to encourage the long-term engagement of shareholders in listed companies, reinforce shareholders’ rights and increase the transparency of institutional investors, asset managers and proxy advisors.