2014 was a busy year, not least in respect of legal and regulatory changes that may impact your business. We are pleased to provide you with an overview of the major legal and regulatory developments under Luxembourg and EU law.
This short flashback will enable you to keep track of the main legal trends which marked 2014 and those which we reasonably anticipate will arise in the near future.
To read the full document, please click below.
Under Luxembourg law, staff representatives, i.e. members of the staff delegation (a staff delegation must be set up in all undertakings employing regularly 15 or more employees) and members of the works council (a works council must be set up in all undertakings employing regularly 150 or more employees), are protected against dismissal.
Read more about the dismissal of a member of a works council in the document below.
Retrouvez dans cette brochure tout notre savoir-faire pluridisciplinaire au service de votre entreprise
Vos besoins, vos enjeux, vos défis :
- L’implantation de l’entreprise, les autorisations
et relations avec l’Administration
- Aides et subsides, droit de la concurrence
- Relations de travail et sécurité sociale
- Taxe sur la valeur ajoutée (TVA)
- Contrats, nouvelles technologies, marketing, propriété intellectuelle, protection des données
- Maîtrise et gestion des risques opérationnels
- Gestion des litiges
- Droit des sociétés
Arendt & Medernach : expérience et efficacité
Our partner, Louis Berns, has been interviewed by the Paperjam regarding the need of flexibility in Employment Law.
See the article by clicking on the link below (French article).
Les congés annuels payés font partie des droits auxquels peut prétendre tout salarié. Mais à côté de cela, il existe des congés extraordinaires pouvant être pris pour des raisons d'ordre personnel.
Le tout est parfaitement bien encadré par la loi.
Louis Berns détaille cet aspect du droit du travail à Emilie Di Vincenzo dans le Paperjam2 d'avril 2014.
Voir l'article ci-dessous
At an interval of barely a fortnight the eighth chamber of the Court of Appeal handed down two rulings on the jurisdiction of courts with respect to post-contractual obligations incumbent on former employees, more particularly with respect to so-called disloyal activity.
Read more about that two rulings in the document below
As of 1 October 2013 the index applicable to employees’ remuneration will increase from 756.27 to 775.17.
This raise implies a mandatory salary increase of 2.5% in gross salaries paid under Luxembourg employment contracts.
Topics: AIFMD implemented in Luxembourg – the essentials; Draft bill on business preservation and modernisation of bankruptcy law; Draft bill aiming at reforming social dialogue; New legislation on parental leave; Recent amendments to the criminal record and benefit thereof for employers; New EU prudential rules for banks and investment firms – “CRD 4”; New legislation introducing the concept of professionals of the insurance sector (“PSA”)
Topics : fight against money laundering and terrorist financing, criminal settlement, electronic achieving, remuneration policies of AIFMs, AIFMD implementing measures.
Topics: Banking secrecy, Luxembourg law of 21 July 2012, General Court’s MasterCard judgment, Professionals of the insurance sector, Special Limited Partnership (SLP) Regime, ESMA Q&A on KIID for UCITS, European regulation.
Compulsory salary increase as of 1st October 2012
Topics: Package Retail Investment Products (PRIPS), Insurance Mediation Directive (IMD2), UCITS V.
Topics: E-money Directive in Luxembourg, Cayman investment fund, Insurance and Reinsurance law: Circular letters 11/2 and 11/7, Marketing of UCITS.
Topics: Implementation of UCITS IV, AIFM Directive, Cluster munitions, Energy performance, Law of 26 July 2010.
Louis Berns and Anne Oberlé will be speakers at the HR Factory on 3 June 2014 in Luxembourg. For more information about the conference, please consult the invitation attached>