Luxembourg: Compliance

EU fund managers are increasingly opting to establish their own Luxembourg-based licensed entities to manage European private funds, known as authorised alternative investment fund managers (AIFMs). This Q&A addresses the practical considerations and key questions that arise when choosing between an in-house AIFM controlled by the fund manager versus engaging a third-party Luxembourg AIFM.

Luxembourg's tax authority has issued critical guidance on Pillar Two registration requirements, clarifying that all in-scope entities must register regardless of filing obligations or safe harbour applicability.

Luxembourg's Labour Code mandates that companies establish schemes ensuring employees can disconnect from digital devices outside working hours. With administrative fines of up to EUR 25,000 looming after the June 2026 deadline, employers must implement practical arrangements, awareness campaigns, and compensation measures for exceptional derogations.

On 24 July 2025, the Luxembourg government released the draft law No. 8591 ("the Draft Law") transposing the Directive (EU) 2025/872 ("DAC9")...

The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has announced a significant overhaul of its reporting requirements for Luxembourg investment fund managers...

On May 2, 2025, the European Commission launched its anticipated "Call for Evidence" (CfE) on revising the European Union's Sustainable Finance Disclosure Regulation (SFDR), open for feedback until May 30, 2025.

On 29 March 2024, the long-awaited Bill of Law 8370 transposing Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") into national law ("Bill") was submitted to the Luxembourg Parliament.

On 12 September 2023, the European Commission proposed the Business in Europe: Framework for Taxation directive, which lays down a new, single set of rules to determine the tax base...

In a press release dated 10 October 2023, the Luxembourg Commission de Surveillance du Secteur Financier presented the current state of diversity within the management bodies ...