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 2026. 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
The EMEA AML Survey 2026 analyses how financial institutions are preparing for the EU AML Package and highlights a growing gap between confidence and concrete action ahead of July 2027. The European Union AML Package marks the most far-reaching reform of Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) regulation in the EU’s history. With a single EU rulebook, reinforced supervisory powers through AMLA and strict implementation deadlines, the regulatory transition has now entered an operational phase.
BSP acted as lead counsel to the finance parties on the EUR 159,000,000 refinancing of the Helios office complex. The Helios office complex is one of the largest office developments in Luxembourg, comprising approximately 88,000 m² of office space and is located in Cloche d'Or, one of Luxembourg's prime office districts. Banque Internationale à Luxembourg acted as arranger of the financing, which was provided together with Berlin Hyp, Bank of China Limited, Luxembourg Branch, and Eurobank Limited. BSP's Banking & Finance team on this transaction was led by Nicolas Widung, Partner, with the support of Françoise Pfeiffer, Senior Counsel, Eda Dripps, Counsel, and Maria Natsiou, Senior Associate.
A&O Shearman announces three partner promotions in Luxembourg A&O Shearman has announced the promotion of three new partners, two counsel and four senior associates in Luxembourg. The promotions will be effective on May 1st, 2026.
LONDON, Wednesday 13 May 2026 - Aztec Group, a premium provider of private markets services, today announced the appointment of Benjamin Lucas as Chief Executive Officer. Benjamin joins Aztec Group from Amundi Technology, where he served as Chief Executive Officer, leading a global financial technology platform serving investment and wealth management clients. Prior to Amundi Technology he held senior leadership roles at EY and KPMG, where he was UK Head of Asset Management and Global Head of Asset Management Consulting.
Discover British Automotive Heritage in Luxembourg The Conservatoire National de Véhicules Historiques proudly presents its new exhibition: “British Sports Cars in Luxembourg.” From iconic models like Jaguar, MG, and Triumph to the vibrant community behind them, this exhibition explores the cultural impact of British automotive engineering in Luxembourg.
The European AIF market is one of the fastest growing in the financial sector. For this reason, your AKD counsels keep up to date with developments in this dynamic industry. To help financial market participants to stay on top of current trends in the AIF space, the AKD Quarterly Update provides information on selected Luxembourg and Dutch legal, tax and regulatory matters within the AIF industry. As we navigate through 2026, welcome to the Q1 - AIF industry Update in which our Luxembourg and Netherlands legal, regulatory and tax experts highlight the key recent developments in the European AIF market from the last three months relevant in particular for fund managers and sponsors, institutional investors and professionals of financial sector.
On 16 April 2026, the British Chamber of Commerce for Luxembourg’s (BCC) Sustainability Group hosted a conference titled « Sustainable Retail Finance in Luxembourg: Designing Solutions for Tomorrow » at LALUX Assurances, in partnership with the Luxembourg Sustainable Finance Initiative (LSFI). The conference brought together leading experts in sustainable finance and industry experts across the insurance, banking and investment sectors to share insights on the latest initiatives driving innovation in sustainable retail finance in Luxembourg. Discussions also covered key regulatory developments, current market trends, new product offerings, and the main challenges to unlocking the market’s full potential.
Linklaters announces new partner election and 12 further promotions in Luxembourg effective 1 May. Adrien Timmermans has been elected Partner in the Investment Funds practice. He has extensive experience advising clients on a broad range of fund structures and strategies, focusing in particular on private equity, real estate, infrastructure, debt and venture capital funds. Adrien has played a key role in supporting the continued growth of the firm’s market-leading funds practice in Luxembourg
The British Chamber of Commerce for Luxembourg (BCC) marked an important milestone with the launch of the pilot cohort of its Emerging Leaders Mentorship Programme, inaugurated by Sara Speed (BCC Officer) during a kick off session held on 24 March 2026 and kindly hosted by EY Luxembourg. This initial cohort is designed as a pilot phase, allowing the BCC Emerging Leaders Group to test, refine and optimise the programme, with the clear objective of welcoming a larger number of mentor–mentee pairs in future editions. The programme is structured as a six‑month initiative aimed at supporting high‑potential professionals through one‑to‑one mentoring, while fostering collaboration and knowledge sharing across Luxembourg’s broader business ecosystem.
ATOZ, a leading independent tax advisory firm in Luxembourg, is proud to announce that it has been awarded the ESR – Entreprise Responsable label by the Institut National pour le Développement durable et la Responsabilité sociale des entreprises (“INDR”), the national reference framework for corporate social responsibility (CSR) in Luxembourg.
PwC Releases EMEA AML Survey Two-thirds of financial institutions risk missing EU AML deadline, PwC finds PwC research across 500+ firms in 40 countries reveals a widening readiness gap, and a continent divided on AML effectiveness Financial institutions across Europe, the Middle East and Africa (EMEA) are generally bracing for substantial impacts from anti-money laundering (AML) requirements. More than half are expecting a ‘significant’ (i.e., more than 20% of current AML capacities to meet the requirements) or ‘strong’ (i.e., between 10% to 20% of current AML capacities to meet the requirements) impact in the coming two years, according to PwC’s EMEA AML Survey 2026.
