Hogan Lovells (JD Supra Luxembourg)

The bill of law no 7637 modifying the Luxembourg law of 5 April 1993 on the financial sector and the law of 6 April 2013 on dematerialised securities (the “Bill”) has been adopted on 21 January 2021* and aims at modernising the existing legal framework for dematerialized securities...

The Luxembourg law of 10 July 2020 (the "Trust Register Law") establishing a Luxembourg Register of fiduciary contracts and trusts (the "Trust Register") will enter into force on 17 July 2020.

On 9 April 2020, the CSSF published a press release relating to the launch of a weekly questionnaire to be completed by investment fund managers (IFMs). The rationale behind this new questionnaire is to gather data in relation to the Luxembourg fund industry in the context of the current Covid-19 situation where financial markets are facing an increasing uncertainty.

Both the Euro MTF, as well as the Regulated Market of the Luxembourg Stock Exchange are from now on equipped with their respective Professional Segments reserved to qualified investors, i.e. non-retail investors.

Judgment of the General Court, 16 January 2018 in case T-398/16, Starbucks Corp. vs EUIPO* In 2014, Starbucks opposed the below EUTM application seeking protection for “services for providing drinks“, services for which Starbucks is famous throughout the EU.

On 14 December 2017, the Luxembourg Parliament (Chambre des Députés) approved the draft law (n° 7200) on the 2018 budget including certain tax measures (the "Law").

1. Framework for an exit from an SARL - Prior to 23 August 2016, any transfer of shares to non-shareholders of an SARL was subject to the prior approval of the shareholders holding not less than 75% of the SARL's share capital. This procedure was an impediment to the enforceability of exit and drag and tag-along clauses.

Yesterday, the director of the Luxembourg indirect tax administration (administration de l'enregistrement et des domaines) issued circular n° 782 dated 2 January 2017 (the "Circular"). The Circular recalls the main changes occurred under the 2017 Luxembourg Tax Reform as regards to registration duties and inheritance taxes. The Circular provides in our view helpful explanations in particular in...

The law relating to country-by-country ("CbC") declaration obligations (the "Law") was published on 27 December 2016 and entered into force last week. The Law transposes EU Council Directive 2016/881 of 25 May 2016 (the "Directive"), which modifies the EU Council Directive 2011/16/UE relating to mandatory automatic exchange of information in the field of taxation.