NEWS FLASH : CSSF summarises duties in respect of EMIR for non financial counterparties
(January 26, 2015)

The Luxembourg financial sector regulator, the Commission de Surveillance du Secteur Financier (“CSSF”) has published on 19 January 2015 a very useful summary as regards the duties of non-financial counterparties (“NFCs”) in respect of the European Market Infrastructure Regulation No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (“EMIR”).

SJL - End of year Cocktail Reception at the MUDAM Luxembourg
(December 18, 2014)

On Tuesday 25 November 2014, SJL gave its End of year Cocktail Reception at the Mudam Luxembourg, Musée d'Art Moderne Grand-Duc Jean, alongside the ALFI Conference.

TAX NEWS : Luxembourg transfer pricing : from incunabula to proficiency ?
(December 3, 2014)

If Luxembourg had already, for decades, general anti-abuse provisions that could be used by the tax authorities for potentially adjusting prices to transactions between a Luxembourg resident and an alien with which it had “special economic relationship”, it is only in 2010 that the Luxembourg tax authorities issued a Circular aiming at surrounding the transfer pricing rules applicable to intra-group financing arrangements...

TAX NEWS : Luxembourg is showing off its reliable tax reputation within the Luxleaks context
(December 3, 2014)

Luxembourg, as many other countries all over the world, is facing substantial recent evolutions in the tax field as, amongst other, the implantation of the Global Standard for the Automatic Exchange of Information, the Base Erosion and Profit Shifting (BEPS) measures and other international guidelines tackling tax practices considered as detrimental ones. Luxembourg is apprehending all these concomitant fast tax evolutions in a context where the so called Luxleaks were released...