Luxembourg Developments

October 04, 2017

Luxembourg recently has taken a number of actions in connection with the transposition or implementation of various EU directives and regulations, respectively, into national law. The Luxembourg government deposited a bill of law with Parliament that would transpose MiFID II and implement MiFIR in Luxembourg. Also, the Luxembourg financial regulator CSSF published FAQs to provide interpretative guidance on the upcoming effectiveness of the PRIIPs Regulation. In another area, the Luxembourg government deposited a bill of law with Parliament to introduce a new BEPS-compliant regime of taxation of certain intellectual property rights.

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