China (Shanghai) International Technology Fair (CSITF 2014)

Articles - The CSSF published on Monday 16 May 2022 the Circular 22/811 on UCI administrators to clarify the CSSF current requirements by specifying the principles of sound governance and the CSSF expectations on internal organisation and good practices.

Articles - The Luxembourg tax authorities (“LTA”) released a new circular on 20 January 2022 (PRE_IMM n°1) (the “Circular”) regarding the real estate levy previously introduced by the Luxembourg law of 19 December 2020 (the “Law”).  As from 1 January 2021, a 20% real estate levy (the “Real Estate Levy”) applies to real estate income derived by certain Luxembourg tax opaque investment vehicles owning directly, or indirectly through tax transparent entities, real estate assets located in Luxembourg.

Inside Stibbe - Stibbe proudly announces the promotion of François Bernard to Of Counsel in the Corporate & Finance practice of its Luxembourg office. 

Articles - On 3 March 2022, the Luxembourg law of 25 February 2022 implementing a.o. the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation has been published in the Official Journal of the Grand Duchy of Luxembourg. This law specifies the CSSF and CAA's supervisory and investigation powers concerning financial market participants and financial advisers under their supervision in relation to the control of the implementation of the SFDR and the Taxonomy Regulation, as well as, their administrative sanctioning powers in case of non-compliance by in-scope firms.