On April 16, 2019, following a trialog procedure between the European Commission, the Council of the European Union and the European Parliament, the Parliament decided to (once again) extend the existing transitional period as per Art. 32 Para. 1 PRIIPs Regulation by 24 months until December 31, 2021. Even though it has not done so … Continued
It is with immense sadness we learn today of the death of Grand Duke Jean and would like to take this opportunity to extend our very sincere condolences to the Royal Family of Luxembourg.
JOINT PRESS RELEASE Luxembourg, 10 April 2019 Investment Plan for Europe: EUR 20 million for innovative SMEs in Luxembourg through EIF and BIL European Investment Fund (EIF) and Banque Internationale à Luxembourg (BIL) extend InnovFin SME Guarantee Facility agreement; EUR 20 million available for innovative SMEs and small mid-caps. Project supported … Continued
April 3, 2019 – Dentons has sucessfully advised CPI Property Group, the leading owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, on a series of financing and capital markets transactions worth approximately €1 billion, including the issue of US$350 million Reg S bonds, an update of a revolving credit … Continued
SGG Group, the world’s 4th largest investor services group, today announced a new name, visual identity and corporate website. SGG Group has rebranded to become IQ-EQ. IQ-EQ unites SGG, First Names Group, Augentius, Iyer Practice and Viacert under one single brand. Mark Pesco, Group CEO, said, “Our new name brings together the rare combination of … Continued
PRESS RELEASE 20 March 2019 Allen & Overy expands U.S. – Luxembourg Desk Allen & Overy announces the appointment of Ed Winters as Senior Desk Manager to strengthen the U.S. – Luxembourg desk in its New York office. He will be joining Ben Dumbacher who has been in charge of the U.S. desk since … Continued
A new law amending the law of 1 August 2001 on the circulation of securities was approved by the Luxembourg parliament on 14 February 2019. Details are provided in the attached GSK-Update “Luxembourg passes law allowing the use of blockchain in the issuance and circulation of securities”. For further details please follow the link: GSK … Continued
Photo: La La La Photo Wishing all our Members and subscribers a very Happy Saint Patrick's day! Every March 17, the United States becomes an emerald country for a day. Americans wear green clothes and quaff green beer. Green milkshakes, bagels and grits appear on menus. In a leprechaun-worthy shenanigan, Chicago even dyes its river … Continued
On Wednesday, 6th March 2019, AMCHAM, partnered with PWC Luxembourg, to celebrate International Women’s Day at PWC in Gasperich. Embracing the core theme „Celebrating success!“, a Kitchen Table Conversation (KTC) panel discussion, was held, featuring: Dr. Megha Agrawal ( Managing Director of Luxembourg Institute of Research in Orthopedics, Sports Medicine and Science), Roxane Haas … Continued
Please find hereafter the link to our latest Flash News entitled: “New mandatory reporting obligations for all Luxembourg entities”. https://www.pwc.lu/en/newsletter/2019/new-mandatory-reporting-obligations-all-luxembourg-entities.html
Press Release Elvinger Hoss Luxembourg’s confirmation that securities can be held through DLT-like technologies, including blockchains!
Luxembourg’s confirmation that securities can be held through DLT-like technologies, including blockchains! Bill of Law 7363 was approved on 14 February 2019 – Luxembourg’s confirmation that securities can be held through DLT-like technologies, including blockchains! Article by Gary Cywie Digital ledger technologies (“DLT”) and blockchains in particular could disintermediate some of the main financial markets … Continued
Dear AMCHAM colleagues and friends, Recently, there have been two media attacks against me, AMCHAM and others. This is my first time to be the subject of a hatchet job...and it hurts. I have spent the weekend and a large part of the last two days with colleagues crafting an excellent three page rebuttal and … Continued