Newsletter December 2011

Banking & Finance 

1. CSSF Circular 11/517 regarding the implementation of the Law of 20 May 2011 amending existing provisions on issue of electronic money

2. CSSF Circular 11/515 regarding the implementation of the Law of 28 April 2011 modifying certain provisions relating to the financial sector

3. Other Banking and Finance News

Commercial

4. Law of 23 October 2011 on competition

5. Law of 2 September 2011 governing access to the professions of craftsman, merchant, manufacturer and other independent professions

Corporate

6. CSSF Circular 11/518 and CSSF Regulation 11-01 relating to the adoption of professional standards in the framework of the Law of 18 December 2009 on the audit profession

7. Other Corporate News

Data protection

8. Protection of privacy in the electronic communication sector

Investment Funds 

9. AIFMD and implementing measures

10. ALFI UCITS IV implementation project - Q&A on Risk Management and KIID

Labour 

11. Law of 28 October 2011 modifying provisions relating to the Financial Sector

12. Changes to the amended Law of 29 August 2008 on the free movement of people and immigration

Tax 

13. Taxation of cross border employee remuneration in light of the German - Luxembourg double tax treaty

14. VAT News

15. News tax treaties and amendment of existing tax treaties

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