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General Members News

Elvinger Hoss Prussen_NEWSFLASH_Sustainable Finance update (asset management): CSSF announces fast track procedure for Taxonomy Regulation compliance by 1 January 2022

Sustainable Finance update (asset management): CSSF announces fast track procedure for Taxonomy Regulation compliance by 1 January 2022 The CSSF announced in its communication (available here) published on 2 December 2021 that it has put in place a fast track procedure to facilitate compliance with the taxonomy-related disclosure requirements of articles 5, 6 and 7

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2021

Amcham Thanksgiving 2021

Paul Schonenberg, Chairman of Amcham, in his address, thanked the invited guest for the evening, notably, Luxembourg’s Minister of Finance, Pierre Gramegna, acting US Ambassador Casey Mace, the British and Czech Ambassadors, Fleur Thomas and Vladimir Bartl, the first Counsellor at Belgium’s Ministry of Foreign affairs, Emmanuelle de Foy and the Director General of the CSSF, Mr Claude Marx for their attendance.

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General Members News

Press Release: Banque Internationale à Luxembourg and Jonk Entrepreneuren Luxembourg strengthen partnership.

        PRESS RELEASE          Luxembourg, 4 November 2021 Seated, from left to right : Tom Lessel, Head of Corporate Banking, BIL, and Stéphanie Damgé, director of Jonk Entrepreneuren Luxembourg asbl Standing, from left to right : Philippe Weisen, Corporate Relationship Manager, BIL and Alessandra Simonelli, Head of Sustainable Development (BIL) Banque Internationale

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General Members News

Press Release: IQ-EQ hires Group Chief Information Officer

Press release  –  27 October 2021 IQ-EQ hires Group Chief Information Officer as part of long-term technology push Rashmi Rao is appointed a new Group CIO at IQ-EQ, reaffirming the investor service firm’s commitment to its technology transformation journey. Rashmi brings 20+ years of experience to her new role and has a proven track record

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General Members News

Elvinger Hoss Newsflash – Sustainable Finance update

Sustainable Finance update (asset management): Final Report on SFDR RTS regarding taxonomy-related disclosures On 22 October 2021, the European Supervisory Authorities or ESAs (EBA, EIOPA and ESMA) presented the European Commission with their Final Report on the draft Regulatory Technical Standards (RTS) regarding taxonomy-related pre-contractual and periodic disclosures under SFDR, as amended by the Taxonomy

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General Members News

Press Release: Elvinger Hoss Prussen NEWSFLASH

IT and cloud outsourcing: new notification regime On 14 October 2021, the CSSF published its new CSSF Circular 21/785 with regard to replacing the prior authorisation obligation with a prior notification obligation in the case of material IT outsourcing (the “Circular”), which results in a simplification of the current regulatory requirements. The Circular became effective from 15 October

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General Members News

Invitation Business Taxation for the 21st Century

The European Commission has adopted on 18 May 2021 a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. It sets out both a long-term and short- term vision to support Europe’s recovery from the COVID-19 pandemic and to ensure adequate public

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AMCHAM
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