Newsletter September 2021
- Newsletters
- Posted 27.09.2021
Asset management and investment funds
- Performance fees: ESMA clarifications and mandatory CSSF declaration for UCITS and regulated AIFs
- UCITS: liquidity risk management
- UCITS and AIFs: compliance by Luxembourg IFMs with Benchmark Regulation
- FAQ regarding the AML/CFT market entry form for investment funds and IFMs
- UCITS: treatment of breaches of UCITS global exposure limit
- UCITS and AIFs: Swing Pricing
- Non-judicial liquidation of UCITS, UCIs, SIFs and SICARs
- Cross-border distribution update
- SFDR/Sustainable Finance update
- PRIIPS: postponement of the UCITS exemption
- CSSF implementation of ESMA guidelines on cloud outsourcing
- Updated CSSF FAQ on AIFMs: use of US GAAP
Administrative law
Corporate, banking and finance
- New prudential regime for investment firms
- New approval regime for Luxembourg financial holding companies
- Amended rules for the authorisation of qualifying holdings
- Sustainable finance update
- No financial assistance criminal offence for S.à r.ls
- Modernisation of the Law of 22 March 2004 on securitisation
EU law, competition and antitrust
- The European Climate Law and the "Fit for 55" Package
- Confirmation of rejection of interim measures against Amazon
- Fighting bid rigging in public procurement
- Closure of investigation of alleged anti-competitive practices by Volkswagen
Employment and pensions law
- CSSF Teleworking Circular 21/769
- Stand-by period: qualification as working or rest time?
- New collective bargaining agreements 2021/2023 for the Banking and Insurance sector
- Right for employees to disconnect in Luxembourg
ICT, IP, media and data protection
- GDPR - Adequacy decisions for the UK
- GDPR compliance - New standard contractual clauses
- First administrative fines imposed by the Luxembourg data protection supervisory authority
- Bill of Law 7847 transposing New Copyright Directive
- CJEU ruling on the competence of a non-lead supervisory authority to bring legal proceedings