Luxembourg legal update — July 2013
The July 2013 issue of Arendt & Medernach’s Luxembourg legal update is available now.
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- AIFMD implemented in Luxembourg — the essentials
- Draft bill on business preservation and modernisation of bankruptcy law
- Draft bill aimed at reforming social dialogue
- New legislation on parental leave
- Recent amendments to the criminal record and benefit thereof for employers
- New EU prudential rules for banks and investment firms — ‘CRD 4’
- New legislation introducing the concept of professionals of the insurance sector (PSA)
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Briefings from Arendt & Medernach
The Advocate General of the CJEU has further defined VAT exemptions applicable to collective investment funds
They must now inform the regulator about new funds they take on.