LINARI LAW
Important updates to Luxembourg’s RCS and RBO
Luxembourg’s new amendments to the RCS and RBO laws, effective February 1, 2025, promise major changes in data accuracy and compliance. Automatic updates, tighter monitoring, and new registration requirements for RAIFs and natural persons are among the key updates. How will these reforms impact businesses?
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ESMA supervisory briefing for CASPs under MiCA: The crypto standard
On January 31, 2025, ESMA issued new guidance for crypto-asset service providers (CASPs) under the EU's MiCA regulation. CASPs must meet strict standards in governance, compliance, and anti-money laundering efforts. A genuine local presence and strong oversight are key for authorisation. Cross-border operations face heightened scrutiny. How will these changes…
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Luxembourg’s first vote on EU mobility directive implementation
Luxembourg’s Parliament approved the first vote on the EU Mobility Directive on January 23, 2025, paving the way for cross-border mergers and conversions. The directive aims to prevent abuse while promoting corporate mobility. It strengthens stakeholder protections, including new rights for shareholders and employees. Luxembourg’s implementation ensures a flexible, business-friendly…
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Cassation in Luxembourg, a high-stakes process
Cassation appeal in Luxembourg offers a last chance to challenge court rulings on legal grounds. It focuses solely on legal errors, ensuring correct application of the law. The Court of Cassation reviews procedural mistakes and misinterpretations but does not reassess facts. With strict deadlines and no suspensive effect, timing is…
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Blockchain IV law: Advancing securities digitalization
Luxembourg adopts the Blockchain IV Law, expanding digital securities regulations. Equity and debt securities can now be managed via DLT, enhancing efficiency. Issuers benefit from streamlined payments and new custody options. This boosts legal certainty and innovation in financial markets. How will it reshape the industry?
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Revolutionizing the EU payments market
Instant euro payments are becoming mandatory in the Eurozone from January 2025. Banks must offer real-time transfers at no extra cost, ensuring faster and safer transactions. Consumers gain fraud protection, but banks face technical and financial challenges. Will this benefit everyone equally?
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