A further step towards the adoption of EU data protection reform
On 12 March 2014, the European Parliament voted on its first reading the draft regulation and the draft directive updating and modernising the principles enshrined in the 1995 Data Protection Directive.
‘The message the European Parliament is sending is unequivocal: this reform is a necessity, and now it is irreversible. Europe’s directly elected parliamentarians have listened to European citizens and European businesses and, with this vote, have made clear that we need a uniform and strong European data protection law, which will make life easier for business and strengthen the protection of our citizens,’ said vice-president Viviane Reding, the EU’s justice commissioner…
Click on the link below to read the rest of the Wildgen briefing.
News from Wildgen
Briefings from Wildgen
Comparison between the forthcoming private wealth foundation and the philanthropic foundation in Luxembourg
This article aims at differentiating the respective characteristics of each kind of foundation and highlighting their compatibility.
On 16 July 2014, Luxembourg adopted the law concerning the compulsory deposit and immobilisation of shares and units in bearer form.