Luxembourg: Legal Watch May 2020
Asset management & investment funds
– Consultation paper on the Regulation on cross-border distribution of funds published by ESMA
– Luxembourg regulatory measures in the context of COVID-19
Banking , finance & corporate
– Measures related to the holding of corporate meetings in the context of COVID-19
– Anti-money laundering: AML 5 Law
Tax
– DAC6: cross-border tax disclosure postponed by Commission
– New protocol to the LuxembourgFrance double tax convention
– Draft bill to amend FATCA and CRS rules
– Upcoming measure denying the tax deduction of interest and royalties to entities in blacklisted jurisdictions
– New draft law to extend deadlines in fiscal matters in the context of COVID-19