On January 1st 2016, amendments to the rules and regulations of the Luxembourg Stock Exchange (the “Rules”) entered into force. The amendments (which impact parts 1 and 2 and the appendices of the Rules) are the first of such amendments in a new process which has been undertaken by the Luxembourg Stock Exchange (“LxSE”) to update […]
On December 14th 2015, the European Banking Authority (the “EBA”) published a reportwith recommendations, in response to the European Commission’s call for advice on the suitability of certain aspects of the prudential regime for investment firms. The report highlights three key deficiencies of the current prudential regime, which consists of the Markets in Financial Instruments Directive (MiFID), […]
On December 23rd 2015, Regulation (EU) 2015/2365 of the European Parliament and of the Council of November 25th 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012 (the “Regulation”) was published in the Official Journal of the EU. The Regulation aims to improve the transparency of securities lending and repurchase transactions and applies […]
With the announcement of the promotion of a New Senior Counsel, 5 Counsels and a Senior Associate, Bonn Steichen & Partners, a leading independent Luxembourg law firm, underlines its strategy of pursuing internal growth and rewarding the excellence and commitment of its lawyers. Marie Claude Frank has been promoted to Senior Counsel. She practices in […]
The Luxembourg government approved on December 4, 2015 the bill of law creating the “reserved alternative investment funds (RAIF)”, adding thereby a new powerful tool to the already rich offer of funds regimes Luxembourg offers to Fund managers and investors. The RAIF shall mirror the current and successful regimes of the Specialised Investment Funds (SIF) […]
Infocredit Group, one of the leading international providers of Risk Management Solutions is pleased to announce that it has been awarded with the ISO 22301:2012 Business Continuity Management Systems certification, making it the first Cypriot company to receive this certification. With more than 40 years of experience and with our timeless vision “To Enhance Transparency […]
The Draft Law was approved by the Luxembourg Council of Government last November 27th 2015 and in principle it is expected that the Luxembourg parliament will approve it smoothly. The draft Law should enter into force on the second quarter of 2016. RAIFs are unregulated alternative investment funds which will enjoy all of the flexibilities […]
On December 9th 2015 Regulation (EU) 2015/760 of the European Parliament and the Council of 29 April 2015 on European long-term investment funds (the “Regulation”) became directly applicable in each Member State of the European Union. The Regulation creates a new investment fund framework – the European Long-Term Investment Fund (“ELTIF”). Fundamental purpose of the […]
Luxembourg law firm Bonn Steichen & Partners (BSP) has continued the growth of its Corporate M&A practice with the addition Laurie-Anne Takerkart as new Counsel. A corporate lawyer with an extensive background in a wide variety of transactions involving technology and other industries, Laurie-Anne Takerkart advises multinational companies and private equity firms on cross-border mergers […]
During the event, that will take place on 9th December 2015 at the seat of the Italian Stock Exchange (Milano), we will be focusing on the harmonization process between the two major accounting standard sets: IAS/IFRS and US GAAPs. The event, jointly organized by BP&A and the Univesity of Urbino, will focus on the progresses […]
In this edition Capital Markets Corporate Investment Management Investment Management – AIFMD Investment Management – UCITS V Labour Law Tax To read in full please use the link below: Full Newsletter Bonn Steichen & Partners
Hervé Michel has joined, as a Senior Counsel, the Dispute Resolution, Commercial Law and Employment Law teams of the Luxembourg law firm Bonn Steichen & Partners (BSP). Hervé has over two decades of advisory and litigation consulting experience encompassing a wide range of disputes that arise in the course of business and commerce including: termination […]