Category: General Members News

New CSSF FAQ on CBDF – Guidance on Marketing Communications  On 20 September 2022, the CSSF published a new CSSF FAQ on CBDF Marketing Communications (“CSSF FAQ”), the objective of which is to provide additional guidance to Luxembourg investment fund managers (“IFMs”) on certain key aspects of the marketing communication (“MC”) requirements under Article 4 … Continued

  Losch Luxembourg is a Luxembourg based company with a wide range of activities in the field of vehicle sales and services and has five business units: Import, Retail, Services, Real Estate and New Business. Through its Import division, Losch Luxembourg sells Volkswagen, Audi, SEAT, CUPRA, ŠKODA, Porsche, Volkswagen utility vehicles, MAN trucks and Neoplan … Continued

  DLA Piper advises Medtronic on public offering of EUR3.5 billion of senior notes   26 September 2022 – Global law firm DLA Piper has advised Medtronic Global Holdings S.C.A. (Medtronic LuxCo) on its registered public offering (Offering) of EUR500,000,000 aggregate principal amount of 2.625% senior notes due 2025, EUR1,000,000,000 aggregate principal amount of 3.000% … Continued

Press release  Luxembourg, 26th September 2022   BSP advising Cobham on cash acquisition of Ultra Electronics Holdings plc   BSP, with a team led by Linda Harroch, Partner and Head of the Private Equity department, and composed of Francesco Del Pesce, Counsel, Grégoire Colson, Associate, and Joyce Soudry, Junior Associate, acted as Luxembourg counsel to … Continued

    OQ Technology, advised by Brouxel & Rabia Luxembourg Law Firm, completes a EUR 13,000,000 fundraising with Aramco and Phaistos Investment Fund to further develop its own technology solutions, acquire more spectrum licenses, and grow its 5G IoT satellite constellation. The B&R team advising on this transaction was led by partner François BROUXEL and … Continued

NautaDutilh boosts its funds practice with the arrival of partner Géraldine Léonard   1 September 2022, Luxembourg – Géraldine Léonard has joined NautaDutilh’s investment fund practice as of 1 September 2022. Géraldine has more than ten years’ experience in the investment management industry. She specialises in legal and regulatory matters related to Luxembourg based investment … Continued

Sustainable Finance update (asset management): CSSF communication on SFDR RTS confirmation letter Further to our newsflash of 29 July 2022 in connection with the CSSF’s communication of 27 July 2022 in relation to SFDR and the upcoming entry into force of the SFDR RTS on 1 January 2023, the CSSF issued a further communication on … Continued

      PRESS RELEASE Luxembourg, 30 August 2022 BSP with Groupe Bruxelles Lambert on the acquisition of a majority stake in Sanoptis BSP, with a team led by Linda Harroch, Partner and Head of the Private Equity department, and composed of Francesco Del Pesce, Counsel, Grégoire Colson, Associate, and Joyce Soudry, Junior Associate, acted … Continued

                  DLA Piper Luxembourg has advised 3R Petroleum subsidiary to obtain funds for Petrobras acquisition 19 August 2022   Led by partners Xavier Guzman and Jacques Wantz, a team of DLA Piper Luxembourg has advised 3R in obtaining a USD 500 million loan for the acquisition of … Continued

    IQ-EQ is pleased to announce the appointment of Shaun Geils as Global Head of Insurance, a newly created position supporting IQ-EQ’s extended service offering. Shaun is no stranger to IQ-EQ, having first joined the business in 2015 in Mauritius to establish a unit servicing third party insurance, funds, private wealth and corporate clients. … Continued

August 2, 2022 IQ-EQ names Diana Senanayake as Managing Director, Luxembourg and Regional CEO for Continental Europe Leading global investor services group IQ-EQ is pleased to announce the appointment of Diana Senanayake to the dual role of Managing Director of its Luxembourg headquarters and Regional CEO for Continental Europe. Diana Senanayake is an accomplished executive … Continued