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Browse AllLuxembourg introduces collective redress for consumers
Luxembourg has enacted a new law implementing EU Directive 2020/1828, allowing consumers to bring collective, or “class,” actions against unfair commercial practices. The procedure involves three stages: admissibility, remediation, and enforcement, ensuring claims are legitimate, liabilities are assessed, and compensation is distributed efficiently. The law simplifies access to justice for…
Know your rights: Collective redundancy:
Employees in Luxembourg facing collective redundancy have specific rights and protections under the law. Employers planning mass layoffs must inform authorities and negotiate a social plan to mitigate the impact. This plan may include financial compensation, retraining, redeployment, and other support measures. Understanding your rights ensures you can contest improper…
Luxembourg Launches Transposition of AIFMD II – Draft Bill No. 8628 Introduced to Parliament
On 3 October 2025, Luxembourg introduced Draft Bill No. 8628 to transpose AIFMD II into national law, amending the AIFM and UCI Laws. The Bill expands the services AIFMs and ManCos can offer, introduces new rules for loan-originating AIFs, and strengthens liquidity management requirements. Luxembourg also codifies existing delegation and…
Instant payments regulation for real-time Euro transfers
The Instant Payments Regulation (EU) 2024/886 takes effect in Luxembourg on October 9, 2025, revolutionizing how euro credit transfers are processed. Under the SEPA Instant Credit Transfer (SCT Inst) scheme, payments of up to €100,000 can now be executed in real-time, 24/7.
A new chapter for Luxembourg: Prince Guillaume to become Grand Duke
On 3 October 2025, Luxembourg will experience a historic moment as Grand Duke Henri abdicates in favor of his son, Prince Guillaume. This transition continues a proud tradition of voluntary abdications within the Grand Ducal family.