New MiFID delegated acts

Last night, 18 May, the European Commission published its last set of delegated acts (also in the form of regulation – directly applicable across Member States).

Directly Above Shot Of Boat Sailing In Sea

OECD and EU race ahead in tax matters with a flawed plan

The two most influential people in international tax matters are the head of Tax Affairs at the OECD, Pascal Saint-Amans, and the EU Tax Commissioner, Pierre Moscovici. The two are working together towards an unprecedented


The credit card bites the dust: the next generation of payments

Why hasn’t the credit card changed in the last fifty years? Besides the addition of a chip and the glamorously-named secret code on the back, the credit card can hardly be said to have been


It’s not too late… yet! Get cracking on VAT refund claims

Companies established outside the EU now have under two months to submit refund claims in most EU Member States[1] for VAT paid in 2015 (EU-based businesses have until the end of September).


Blockchain in the fund industry: your actions today will bring tomorrow’s brand new world

There has been plenty of hubbub about blockchain technology thus far in 2016, but a lot of the commentary has revolved around two things:


Additional corporate tax measures announced for the 2017 Luxembourg tax reform

On 26 April 2016, Prime Minister Xavier Bettel delivered his State of the Nation speech, during which he highlighted some of the proposed changes to the Luxembourg tax system to be implemented in 2017.


CSSF publishes new UCITS risk reporting requirements | quick action required!

On 22 April 2016, the CSSF released a new circular letter which requires UCITS funds to complete and file a substantial new reporting template related to the risk and risk management of UCITS funds.


You don’t need to invest millions to help get an innovative business off the ground

Make an entrepreneur’s day (and possibly her fortune)

There are an estimated 150 million businesses currently in the making worldwide, with about 300 million people involved in making them. On average, about two thirds won’t even make it to launch, which still leaves


The time has come for securitisation’s next day in the sun

Securitisation has gained a negative reputation since being perceived by many to be the cause of the 2007-09 financial crisis. However, due to improving investor sentiments and better-implemented regulation,

Businesspeople Shaking Hands

An interview with the Eurozone’s first Islamic bank

Islamic banking, i.e. banking that follows the principles of Islamic law, is gaining ground in the European market. Notably, it prohibits