IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Rashi Dhir of DMD Advocates. Rashi has joined IR as our exclusive Tax (Law) member in India A leading full service law firm in India with focus on solutions and results through a unique holistic approach that blends its expertise and […]
Regulation (EU) 1286/2014 on key information documents for packaged retail and insurance-based investment products (“PRIIPs Regulation”) began to apply on 1 January 2018. The PRIIPS Regulation requires persons and entities advising on or selling a packaged retail and insurance- based investment product (PRIIP) to deliver a key information document (KID) to their retail investors before […]
Regulation (EU) 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds (“Benchmarks Regulation” or “BMR”) establishes a common regulatory framework at the EU level under which benchmarks are provided, produced and used. The BMR seeks to ensure the accuracy, robustness and integrity of benchmarks […]
The Grand Ducal Regulation of 17 December 2017 sets the fees to be levied by the CSSF on the supervised entities. It entered into force on 1 January 2018.
On 13 November 2017, the European Securities and Markets Authority (ESMA) released a statement highlighting the risks of so-called Initial Coin Offerings (ICOs). To inform investors and other market participants of ESMA’s statement, the CSSF published a press release 17/38 on 16 November 2017. An ICO is an innovative way of raising money from the […]
Article 30 of Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (“AMLD 4”) creates transparency obligations for corporate and other legal entities to obtain and hold up-to-date information on their beneficial owner(s). This information shall be provided to a central register […]
Directive (EU) 2015/2366 of 25 November 2015 on payment services in the internal market (“PSD 2”) began to apply on 13 January 2018. It updates the first payment services directive (“PSD 1”) published in 2007. PSD 2 aims to enhance competition and innovation within the European payments market, as well as improve the security […]
A new circular on the tax treatment applicable to stock option/warrant plans was issued by the Luxembourg tax authorities on 29 November 2017. Circular L.I.R. n° 104/2 (i) raises the valuation of freely negotiable options which are not listed on the stock exchange, (ii) introduces clarifications regarding the eligibility of employees to option plans and […]
On 15 December 2017, the Grand Ducal Regulation of 5 December 2017 coordinating the Law of 10 August 1915 on commercial companies (“Company Law”), as amended, entered into force on 19 December 2017. This new regulation reorganises and changes the numbering of the provisions of the Company Law to improve readability. However, it does not […]
Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (the “General Data Protection Regulation” or “GDPR”) was approved by the EU Parliament in 2016 and will be directly applicable in all EU Member States as of 25 May 2018. […]
Anyone considering an inbound investment into another country or jurisdiction must give serious thought to taxation. Issues such as privacy, accurate asset valuation and liability protection are important, but it […]
Read moreIR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Jonathan E. Strouse of Harrison & Held, LLP. Jonathan has joined IR as our exclusive Tax (Law) Member in Illinois. Our vision is to provide exceptional service and value to our clients by focusing on core strengths. As an independent boutique firm, […]
