Luxembourg

Navigating the age of uncertainty – a Luxembourg perspective

The evolution of the Luxembourg economy over the past 25 years has been impressive. Luxembourg has refused to rest on its laurels and has grown from strength to strength on the European and world stage. However, as one of the most interconnected economies in the world today, it is hypersensitive to certain global changes and megatrends, which the current crisis […]
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What is customer experience? And why is it so important (especially now)?

Do you remember the last time you had a great experience as a customer and how that made you feel? Chances are, this positive experience affected your perception of the brand as a whole and made you want to return. But what exactly does the term “customer experience” (CX) mean? In a nutshell, for your company, CX is your customers’ impression of your bra […]
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Taxation of dividends in India: the impact on Luxembourg investment funds

This article has been written together with Kadambari Chari. As market trends consistently show, investments in emerging markets are increasing in importance for the asset management industry, making it even more critical to keep up with the local changes and practices of those countries. At the same time, it incentivizes these markets to align their domestic p […]

The results are in! Here’s how the CSSF enforced 2018 financial information

As the regulator of Luxembourg’s financial sector, the CSSF performs annual enforcement campaigns to check whether the financial information provided by the issuers of securities complies with relevant reporting framework, e.g. IFRS. The 2019 campaign examining financial information from 2018 was carried out as both unlimited scope examinations (evaluation of […]
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Are you impacted by the new transfer pricing guidelines on financial transactions?

Background On 11 February 2020, the Organization for Economic Co-operation and Development (OECD) published its final guidelines on financial transactions as part of a newly added Chapter X. The first draft was published on 7 September 2018 in light of the 2015 report on BEPS Actions 8-10, which mandated follow-up to the transfer pricing aspects of financial […]
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Brexit: understanding the transition period

On 31 January 2020, following the formal adoption of the withdrawal agreement, the UK officially left the European Union. Now begins the transition period outlined in the Brexit deal, which provides details on how the UK’s exit will unfold. For example, it states that no UK representative can participate in any EU institution, agency or body. It further declar […]
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