Le processus Conscious Contracts® Le droit des contrats a connu une évolution marquante à l’occasion de l’adoption du nouveau Code civil. Cet effort de modernisation technique, globalement bien accueilli, peut également nous inviter à...
Tax – Luxembourg minimum net wealth tax provisions unconstitutional On 10 November 2023, the Luxembourg Constitutional Court concluded_ that §8(2) a) of the law on net wealth tax was contrary to the constitutional principle of equality. Pending legislative reform, the...
Le volet «travail» du nouvel accord de coalition: du flou et du mou! *Écrit par Guy Castegnaro, Founding & Managing Partner, CASTEGNARO-Ius Laboris Luxembourg* En effet, la partie réservée au travail est floue et peu ambitieuse. Tout d’abord, le gouvernement se limite...
The minimum net wealth tax rules for holding companies ruled unconstitutional On 10 November 2023, the Constitutional Court (case n°00185) held that some of the Luxembourg minimum net wealth tax rules are in breach of the principle of equality before the law of the Luxembourg C...
EMPOWERING CONSUMERS FOR A GREEN TOMORROW ***Towards sustainable choices: navigating the EU’s green transition strategies*** Sustainability is a crucial asset for modern businesses, with 56% of European consumers being influenced by environme...
European Parliament adopts final version of the Data Act On 9 November 2023, the European Parliament formally and overwhelmingly adopted, by a majority of 481 votes in favour, 31 votes against and 71 abstentions, the final version of the proposal for a regu...
La profession d’avocat en tant que profession assujettie à la LCB-FT La place de la profession d’avocat au sein des dispositifs de Lutte Contre le Blanchiment de Capitaux et le Financement du Terrorisme (LCB-FT) a toujours été particulière. Du fait du caractère quasi a...
AI ACT AND GDPR: MANAGING THE WORLD OF DATA IN THE WORLD OF PRIVACY *CONTRARY TO SOME PERSISTING BELIEFS THAT THE AI ACT AND GDPR ARE INHERENTLY INCOMPATIBLE, GDPR MAY IN FACT BE INTERPRETED IN A WAY THAT CONCORDS WITH THE PURPOSES OF THE AI ACT. PROCESSING PERSONAL D...
ESMA | Public statement on sustainability disclosure in prospectuses On 11 July 2023, ESMA issued a public statement on the sustainability disclosure expected to be included in prospectuses in order to satisfy the requirements of Regulation (EU) 2017/1129 of 14 June 20...
ESG in the insurance sector - CAA update on implementation of climate change risk scenarios in the ORSA On 10 October 2023, the Commissariat aux Assurances (CAA) released Information Note 23/9 (“Information Note 23/9”) communicating its follow-up on the implementation of climate change risk scenarios in...
Annulation du licenciement par l’employeur: DO and DON’T ! Si le licenciement est un acte unilatéral qui relève de la seule compétence de l’employeur , il en va différemment lorsque celui-ci souhaite revenir sur la sanction qu’il a notifiée. C’est ce que rapp...
Digitalisation of corporate procedures The law of 14 July 2023, transposing Directive (EU) 2019/1151 20 June 2019 amending Directive (EU) 2017/1132 (the "Directive") as regards the use of digital tools and processes in company law (the "La...