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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Luxembourg’s transposition of EU Directive 2019/1937 on the protection of whistleblowers

On 12 January 2022, Luxembourg Minister of Justice Sam Tanson presented the bill to transpose the EU Directive 2019/1937 on the protection of whistleblowers. This bill aligns Luxembourg with EU requirements in protecting people who report breaches of EU laws. How does the Luxembourgish bill compare to the EU directive? The Luxembourgish bill is mostly a straig […]
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IASB’s Primary Financial Statements project – why we’re watching now

In December 2021, Luxembourgish regulator CSSF issued its enforcement priorities for 2021 annual reports. As expected, CSSF’s enforcement priorities align with the European Common Enforcement Priorities for 2021 financial reports issued in October 2021 by the European Securities and Markets Authority (ESMA). However, we want to shine a light on additional pri […]
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Welcome to Asset Management in 2022 and beyond

This blog has been written in collaboration with David Capocci.   For decades now, global assets under management have seen incredible growth. From 38 Trillion USD in 2008 to 100 Trillion in 2020 (Statista) projections are increasing at the same pace as the global population and may even reach 145 Trillion USD by 2025 (CNBC). Closer to home, AUM of […]
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Luxembourg’s long-form reform – how ready are you?

Origin of the reform At almost 20 years old, the current long form is no longer adapted to today’s fund landscape. Why? Some fund types were not in the scope of the requirement, so investment fund managers did not need to prepare a long form–even though they play an important role in the fund ecosystem. In addition, the long-form data was not in a format th […]