BCC TAX & LEGAL NEWSLETTER 2025 #3
Dear Friend of the Chamber,
The objectives of the British Chamber of Commerce for Luxembourg are to follow and influence developments in the economic and business world in Luxembourg affecting members’ interests, and so contribute to making Luxembourg an attractive place to do business. The Tax and Legal groups of the BCC address key issues in their sectors to corporate and individual members through a number of events, and seek to raise awareness and influence decision-makers as to the issues of concern to the BCC membership.
The purpose of the BCC Tax and Legal newsletters is to provide additional regular bimonthly updates on key tax and legal developments in Luxembourg that may be relevant to your business. The present newsletters issued by member firms of the Tax and Legal groups cover the period from March to April 2025. If you deem that another person within your organisation should receive this email, please let us know. If you wish to unsubscribe please contact the BCC Secretariat by email to info@bcc.lu.
Tax Newsletter
PwC:
• New increased filing fees for RCS and RBE
DELOITTE:
• New LNIN filing rules
EY:
• New tax treaty between Luxembourg and Columbia
A&O SHEARMAN:
• Luxembourg Tax Case law: Interest-free shareholder loans reclassified as equity for tax purposes
VAT Corner:
• PwC – ViDA: What you need to know
Legal Newsletter
BANKING:
BAKER & MCKENZIE
• New legislation on instant credit transfers
DSM AVOCATS À LA COUR
• DORA: The CSSF is making far-reaching changes to its regulatory framework on ICT risks and outsourcing
CAPITAL MARKETS:
A&O SHEARMAN
• The Luxembourg Stock Exchange (LuxSE) launches new segment on Euro MTF market: EM3S
PWC LEGAL
• The Euro MTF Specialist Securities Segment (EM3S): A New Opportunity for Issuers of Sophisticated Securities
CORPORATE / M&A:
A&O SHEARMAN
• Important update for individuals registered with the RCS: Luxembourg National Identification Numbers
BSP
• Transposition of the Mobility Directive | A review
MOLITOR AVOCATS À LA COUR
• Luxembourg implements EU mobility directive: new legal framework for cross-border restructuring
PWC LEGAL
• Entry into force of the law dated 17 February 2025 implementing the EU “Mobility Directive” (Directive 2019/2121)
VANDENBULKE
• Luxembourg’s implementation of the EU Mobility Directive now becomes reality – Practical guidance for cross-border transactions from April 1, 2025
• Luxembourg transposes the EU Mobility Directive
DATA PROTECTION:
MOLITOR AVOCATS À LA COUR
• Insurance – Health dataprocessing – A legal framework at last!
EMPLOYMENT:
BAKER & MCKENZIE
• New legislation enhances employee protections in cross-border restructurings
LINKLATERS LLP
• Mobility Directive implemented in Luxembourg: impacts on employment law
PINSENT MASONS LUXEMBOURG
• EU gender pay gap measures to strengthen pay transparency in Luxembourg
PWC LEGAL
• Update: Enhanced salary threshold for the European Blue Card (“EBC”)
ESG:
BSP
• Gender balanced boards | Luxembourg moves to implement “Women on boards” Directive
• ESG – Omnibus Package | Changes to the Corporate Sustainability Due Diligence Directive
FINANCIAL REGULATIONS:
BAKER & MCKENZIE
• CSSF aligns with DORA – Key updates on ICT and outsourcing regulations
DLA PIPER
• Luxembourg implements EU Regulation on Instant Credit Transfers in euros
INVESTMENT FUNDS:
A&O SHEARMAN
• CSSF introduces new system to replace current VISA stamp procedure
AKD
• Alternative Investment Funds Industry Quarterly Update Q1 2025
DLA PIPER
• How is MiCA impacting fund managers?
LINKLATERS LLP
• Explore the evolving landscape of ELTIFs
PINSENT MASONS LUXEMBOURG
• Luxembourg delays notifying ‘in-scope’ financial entities required to report IT incidents on weekends
VANDENBULKE
• Investment Funds: CSSF introduces visa process without prior review
IT:
NAUTADUTILH AVOCATS LUXEMBOUG
• CSSF aligns outsourcing rules with DORA framework
LITIGATION:
DLA PIPER
• No Exequatur Needed for Private Acts in Luxembourg
DSM AVOCATS À LA COUR
• Key phases to know for FWU LIFE INSURANCE LUX S.A. creditor policyholders
REAL ESTATE:
DSM AVOCATS À LA COUR
• Recent legal developments in Real Estate
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Best regards,
BCC Secretariat
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