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News & Analysis

Luxembourg: Companies still permitted to hold meetings without physical attendance until 31 December 2020

24 September 2020 by Arendt & Medernach

Luxembourg: Companies still permitted to hold meetings without physical attendance until 31 December 2020

News & Analysis

A new CEO for Arendt Services

17 September 2020 by Arendt & Medernach

A new CEO for Arendt Services

News & Analysis

Modernisation of Luxembourg arbitration law

17 September 2020 by Arendt & Medernach

On 4 September 2020, the Luxembourg Council of Government enacted bill no. 7671/00 to redefine the procedural framework applicable to arbitration.

News & Analysis

New AML-CTF CSSF Regulation and Grand-Ducal Regulation

17 September 2020 by Arendt & Medernach

Regulations amending CSSF Regulation N°12-02 and Grand Ducal Regulation of 1 February on the fight against money laundering and terrorist financing, which impact all professionals subject to professional obligations and regulated, registered or supervised by the CSSF, have been published on 20 and 21 August 2020.

News & Analysis

New regulation published by the Commissariat aux Assurances on the fight against money laundering and terrorist financing

17 September 2020 by Arendt & Medernach

The Commissariat aux Assurances (the “CAA”) has just published a new regulation relating to the fight against money laundering and terrorist financing (“AML/CTF”): Regulation No. 20/03 of 30 July 2020 (the “New Regulation”).

News & Analysis

Luxembourg: UCITS can no longer invest in loans

13 August 2020 by Arendt & Medernach

The CSSF, Luxembourg’s supervisory authority for the financial sector, has announced that Luxembourg-domiciled UCITS may no longer invest in loans. This decision has extended a new administrative practice to the public that the CSSF had been implementing in recent months with respect to investment in loans by UCITS.

News & Analysis

Issuance of dematerialised securities using blockchain technology – New draft legislation published

30 July 2020 by Arendt & Medernach

On 27 July 2020, the government has introduced a draft bill n°7637 in Parliament (the “Draft Bill”), which – if adopted – will modernise the law of 6 April 2013 on dematerialised securities, as amended (the “2013 Law”), in order to facilitate the use of distributed ledger technology when issuing dematerialised securities.

News & Analysis

Brexit: new status, new residence permits for UK nationals residing in Luxembourg

29 July 2020 by Arendt & Medernach

Under the transition period as foreseen by the Withdrawal Agreement, UK nationals may continue to reside in the EU without additional measures until 31 December 2020.

News & Analysis

Brexit uncertainty forces UK FCA to re-open the TPR

29 July 2020 by Arendt & Medernach

Brexit uncertainty forces UK FCA to re-open the TPR

News & Analysis

Luxembourg: What's new in e-commerce?

29 July 2020 by Arendt & Medernach

The month of July has brought changes in the legal framework of e-commerce in Luxembourg and the EU. We would therefore like to share a brief overview of these changes1.