What are the legal implications of this in your opinion and have you dealt with any smart contracts? It is currently a question among Luxembourg scholars whether smart contracts are, or are not, true contracts. The majority of authors believe that smart contracts constitute a way to execute contracts, rather than the actual conclusion of […]
Establishing a presence in a foreign jurisdiction can be difficult, without the right help and guidance. International anti-money laundering (AML) rules mean that full customer due diligence is required on […]
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The société de gestion de patrimoine familial (Private wealth management company) has been created by the law dated 11 May 2007 (the “SPF Law “) with the objective of creating a favourable framework for the family wealth management by qualifying shareholders which are either: • Individuals acting in the management of their private wealth, or • […]
Corporate Governance and directors’ liabilities are a key subject in board agendas. As legal counsel to many Luxembourg regulated and non-regulated companies, we continuously ensure that these subjects are appropriately addressed and documented in the minutes of board meetings. We also often attend board meetings, or advise Chairmen or General Counsel, to ensure that board […]
Introduction to Luxembourg Luxembourg is one of the smallest countries in Europe and is a founding member of both the European Union and the OECD; its central location has given […]
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Please view our new legal watch (link HERE) The Legal watch includes the topics below: – ASSET MANAGEMENT AND INVESTMENT FUNDS– CAPITAL MARKETS– BANKING AND FINANCE– TAX– CORPORATE– DATA PROTECTION
Please view our new legal watch (link HERE) The Legal watch includes the topics below: – ASSET MANAGEMENT AND INVESTMENT FUNDS– CAPITAL MARKETS– BANKING AND FINANCE– TAX– CORPORATE– DATA PROTECTION
Our firm has been established for more than 20 years, and is regulated by the Luxembourg CSSF. We are independent and wholly owned by our management, offering a personalised and objective approach to our clients’ specific needs. One of the main strengths our company has, is represented by its human size – we are a small […]
Luxembourg has a comprehensive and extensive anti-money laundering and countering the financing of terrorism (AML&CFT) legal, regulatory and institutional framework based for the most part on EU instruments and FATF standards. In Luxembourg the Financial Supervisory Authority (“Commission de Surveillance du Secteur Financier”, CSSF) issues the applicable AML/CFT laws for the financial sector. The main […]
One of the obligations supervised entities have under AML law, refers to ongoing measures of vigilance around clients which are applied according to a risk-based approach (RBA). These measures of vigilance are applied, not only in the beginning of business relationship, but also during the course of the business relationship. The RBA states that an […]
Trust is key and an integral part of our business relationships with clients, not only in the beginning, but also during the whole period of the business relationship. We give an important credit to building trust and we appreciate continuous open collaboration and discussion with our clients. The services we are provide to our clients […]
Our clients are mainly multinationals, private equity firms, investment funds and high net worth individuals. Each of our prospective clients is assessed individually for pre-acceptance and one of the first factors considered (and which helps build trust) is the origin of the relationship. Criteria such as length of the business relationship with the business feeder, frequency […]
