Legal Watch October 2020

Benoît DuvieusartPartner, duvieusart ebel, avocats associés

Asset management & investment funds

  • UK Temporary Permission Regime
  • UCITS can no longer invest in loans
  • Amendments of AML/CFT regulation on Luxembourg financial and asset management lines of business

Tax

  • Deadline extension in fiscal matters in the context of COVID-19

Banking, finance & corporate

  • CSSF recommendation on restriction of dividend distributions during the COVID-19 pandemic
  • Fiduciary arrangements and trust in Luxembourg

Brexit

  • Brexit: new status, new residence permits for UK nationals residing in Luxembourg

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