The coronavirus has spread around the globe and the scale of the threat faced today underlines the imperative need for coordinated restriction measures on the free movement of people at the European level, in order to maximise the potential impact of measures taken at the national level to fight the pandemic. However, while 14 Member […]
In recent days, due to the outbreak of COVID-19, the CSSF has published a series of communications addressed to participants in the investment funds sector. A number of them relate to the extension of deadlines for notifications, questionnaire submissions or reports due with the CSSF in upcoming months. I. COMMUNICATION ON REGULATORY REPORTING On 23 […]
All businesses are suffering today. The retail & catering industry is especially visible and emblematic of our economic struggles at this moment in time. All restaurants and non-essential retails are closed. This is happening not only in Malta but in many countries around the globe. In many instances, both restaurants and retail companies are providing […]
Please be informed that, in light of the latest measures announced by the Luxembourg Government on 15th March 2020 to prevent the spread of COVID-19, BSP has implemented a remote working policy to ensure the health and safety of our staff and their families and the continuity of our services with a permanent concern for […]
While the World Health Organisation has just declared the COVID-19 epidemic a “pandemic”, with the virus had reached nearly 130,000 people since December 2019, managing the risk of the virus spreading in the workplace has become a major issue for every employer. Following the announcement of multiple cases in Luxembourg and the decision of one […]
It can take time to realise that you work in a fear-based environment. Moreover, managers who manage by fear are the least to admit that they are doing so. A fear-based workplace is a place where fear is the predominant energy, whilst a healthy workplace is one where trust is the predominant energy. Trust and […]
It is known that Brazil is interested in becoming a member of the Organization for Economic Cooperation and Development (OECD) and one of the steps for this is the adhesion to the OECD Codes of Liberalisation of Capital Movements and of Current Invisible Operations. In this regard, in early February 2020 the Brazilian Securities Commission […]
The Luxembourg Stock Exchange’s new rules and regulations (the “R&Rs”) enter into force today, 31 January 2020, and will certainly be warmly welcomed by issuers and their listing agents/legal advisors. The new R&Rs can be consulted here. The drive for change Driven by the need to adapt to the current legal and regulatory landscape (following […]
BSP announces new promotions within the firm BSP is glad to announce for 2020 the promotion of three Counsels, four Senior Associates and eleven Associates: Pol Mellina has been appointed as Counsel. Pol joined BSP’s Tax department in 2014 and qualified as a Luxembourg lawyer the same year. He advises corporate and individual clients on […]
Investment Management 1. AML/CFT CSSF FAQ on Responsible Persons for a Luxembourg Investment Fund or Investment Fund Manager On 25 November 2019, the CSSF issued its FAQ on persons responsible for AML/CTF compliance for a Luxembourg Investment Fund or Investment Fund Manager supervised by the CSSF. READ MORE 2. AML/CFT CSSF Guidance on Compliance by Registered AIFMS […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Hessam Kalantar of Kalantar Business Law Group (KBLG). Hessam has joined IR as our exclusive Investment Funds and Private Equity & Venture Capital Member in the United Arab Emirates. Hessam Kalantar is admitted to the Bars of New York, USA and Ontario, […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce David A. Riley of Riley PLLC. David has joined IR as our exclusive Investment Funds & Investment Banking Member in US-Washington. Riley PLLC is a boutique law firm that provides specialized legal representation exclusively to the investment management community. We identify […]