Crypto assets and NFTs: Reporting and CRS Changes

Big changes in crypto-asset reporting and CRS At the request of the G20, and in view of consistently increasing tax administrations visibility, the OECD released a public consultation document on 22 March 2022 introducing a Crypto-Assets Reporting Framework (CARF), as well as proposed amendments to the Common Reporting Standard (CRS). In recent years, we […]
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Lessons from Pathfinders – how do the foremost HR organizations drive value in the face of disruption?

As the world recovers from the Covid-19 crisis, it cannot be denied that it has left an impact on the way organizations operate. Not only that, but the past decade has also seen significant advancements in technology and automation. This has been dubbed “double disruption” by the World Economic Forum (WEF), with many organizations succumbing to it. Howeve […]
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Fund marketing: increased scrutiny in store for asset managers

Since 2 February 2022, the guidelines on marketing communications prepared by the European Securities and Markets Authority (ESMA) have been applicable throughout the European Economic Area (EEA) for funds distributed on a cross-border basis. Just days earlier, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg published Circular 22/795 (PD […]
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Banking institutions should prepare now for Basel IV regulations

The Basel Accords, overseen by the Basel Committee on Banking Supervision (BCBS) has issued a round of reforms and regulations in recent years. The Basel III final reforms, referred to as Basel IV, will be fully implemented by January 2025, which means banking institutions have less than three years to get ready. Many banks have delayed their preparation, and fe […]
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Real Estate: Elevating the technology and data agenda

Real Estate players have not always been early adopters when it comes to technology according to Oxford University (PDF | 3.4Mb). The trust in a well-established operating model, the lack of industry best practices and knowledge in the digital space have all been major factors for late technology adoption. However, the pandemic was a catalyst toward transform […]

The new tax landscape for shipping companies in Luxembourg

With an eye on the constant evolution of the international tax environment, we’re summarizing the latest national and international developments relevant for the sector. In Luxembourg 2022 budget law The 2022 budget law confirms that the corporate income tax rates will remain unchanged in 2022. The current legislation regarding inter alia the tax rates, tax […]
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