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Clarification by the CSSF on the lending to the public concept

On June 15, the Commission de Surveillance du Secteur Financier (CSSF) updated its Q&A on the statuses of Professionals of the Financial Sector (PFS) with respect to professionals...

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Luxembourg is modernising its securitisation law

The Luxembourg law on securitisation dated 22 March 2004 (the “Securitisation Law”) has been tremendously successful in providing a flexible and secure framework for Luxembourg...

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The importance of being collaborative

A recent judgment from the Luxembourg administrative tribunal of 11 May 2021 illustrates the unpleasant consequences which may result when corporate and tax aspects are not aligned.

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Global Payments Newsletter, June 2021

Key developments of interest over the last month include:Hong Kong: FSTB publishes consultation conclusions on virtual asset services providers licensing regime

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Global Payments Newsletter, May 2021

Key developments of interest over the last month include: United Kingdom: Financial Services Act 2021 becomes law. Turkey: Central bank prohibits use of cryptoassets for payments for...

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Global Payments Newsletter, April 2021

Key developments of interest over the last month include: United Kingdom: FCA publishes feedback statement on Open Finance. South Korea: Financial Services Commission introduces new...

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Global Payments Newsletter, March 2021

Key developments of interest over the last month include: United Kingdom: HM Treasury publishes Kalifa Review of UK FinTech, setting out a strategy for the growth and widespread adoption ...

Insights

SFDR: ESA’s final report on the draft level 2 regulatory technical standards and supervisory statement
Registered Content

The European Supervisory Authorities (the “ESAs”) have published their much anticipated final report on the draft level 2 regulatory technical standards (the “Draft...

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Global Payments Newsletter, February 2021

Key developments of interest over the last month include:

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