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- The Government of the Grand Duchy of Luxembourg - "Neistart Lëtzebuerg - Tableau Mesures" (20/05/20)
- The Government of the Grand Duchy of Luxembourg - Coronavirus Covid-19 - Economic stabilisation programme [updated 09/04/20]
In the media - Analysis
- «Pékin et Shanghai redémarrent progressivement», Stéphane Karolczuk, Paperjam (15/04/20)
- «La fin de la pandémie ne sera pas la fin des défis pour l’UE», Philippe-Emmanuel Partsch, Paperjam (14/04/20)
- Le rendez-vous manqué de l’Europe, Philippe-Emmanuel Partsch, Paperjam (06/04/20)
- «L’UE a retenu les leçons de la crise de 2008», Philippe-Emmanuel Partsch, Paperjam (29/03/20)
Resuming business activities as lockdown ends
Managing employees, cross-border workers and human resources
- The Grand-Ducal regulation of 22 January 2021, published in the Mémorial A n° 76 de 2021, declared the new agreement on the legal regime of teleworking signed on 20 October 2020 between the social partners to be obligatory.
- Ministry of Health - About Covid-19/Coronavirus
Public health
- The Health Directorate brochure on wearing a mask as an additional barrier measure
- Brochure explicative sur le port du masque en tant que geste barrière additionnel
Certificates:
- New certificate of leave for family reasons (Covid-19) in French
- New certificate of leave for family reasons (Covid-19) in German
- Certificate requesting family support leave
Assessing and mitigating the impact on corporate governance and day-to-day management
- Law of 23 September 2020 relating to measures on the holding of meetings in companies and other legal entities
- Bill of law 7673 relating to measures on the holding of meetings in companies and other legal entities
- Grand-Ducal Regulation of 20 March 2020 introducing measures on the holding of meetings in companies and other legal entities
- Bill amending the e-commerce law of 14 August 2000 currently under discussion (Bill n°7427) - French only
- Law of 20 June 2020 extending measures on the holding of meetings in companies and other legal entities (extracts)
- Loi du 20 juin 2020 portant prorogation des mesures concernant la tenue de réunions dans les sociétés et dans les autres personnes morales
State aid and assistance for businesses and entrepreneurs
The Government of the Grand Duchy of Luxembourg:
- Establishment of an emergency fund for very small businesses
- Règlement grand-ducal du 25 mars 2020 ayant pour objet la mise en place d’une indemnité d’urgence certifiée en faveur de certaines micro-entreprises dans le cadre de la pandémie Covid-19
- Economic stabilisation programme
- Support for businesses impacted by the coronavirus
- Investment aid
- Aid for miscellaneous investments
- New applications for partial unemployment due to the current Covid-19
Contracts/e-signature: initiation, continuation or termination of commitments
- What’s new in e-commerce? (Arendt Newsflash 16/07/20)
- ILNAS – Liste des prestataires de services de confiance
- European Trusted List Browser
- Bill amending the e-commerce law of 14 August 2000 currently under discussion (Bill n°7427) - French only
Important aspects for investment funds and asset managers
- Grand-Ducal Regulation of 20 March 2020 introducing measures on the holding of meetings in companies and other legal entities
- Bill of law 7540 on temporary relieve for investment funds (only in French)
- Bill of law 7541 on temporary relieve for investment fund managers (only in French)
- Bill of law 7566 extending the measures on the holding of meetings in companies and other legal entities (only in French)
- Law of 12 May 2020 extending certain deadlines provided for in the sectoral laws of the financial industry during the state of emergency entered into force (only in French)
- Law of 20 June 2020 extending measures on the holding of meetings in companies and other legal entities (extracts)
- Loi du 20 juin 2020 portant prorogation des mesures concernant la tenue de réunions dans les sociétés et dans les autres personnes morales
Commision de Surveillance du Secteur Financier (CSSF)
- CSSF - Circular 02/77
- CSSF - Press release regarding the conduct to adopt by supervised entities (2 March 2020)
- CSSF - Circular letter dated 17 March 2020 - Fight against AML
- CSSF - Coronavirus (covid-19): working from home (17 March 2020)
- CSSF - FAQ on Swing Pricing Mechanism
- CSSF - Coronavirus (Covid-19): immediate review of current organisational setups
- CSSF - Press release dated 23 March 2020 - Regulatory reporting
- CSSF - Press release dated 26 march 2020 - Procedure for complaint handling
- CSSF - Press release on the submission of long form reports
- CSSF - Press release on the weekly IFM questionnaire dated 9 April 2020
- CSSF - dedicated section on the CSSF eDesk portal
- CSSF - Circular 20/740 - Financial crime and AML/CFT implications during the Covid-19 pandemic
- CSSF - Press release on working from home, published 17 April 2020
- CSSF - Press release on the IFM notification dated 13 May 2020
- CSSF - Press release on its recommendations to supervised entities on telework and a possible return to the office, published 14 May 2020
- CSSF - updated FAQ on Covid-19
European Securities and Market Authority (ESMA)
- ESMA press release (20/03/20): Covid-19: Clarification of issues related to the application of MiFID II requirements on the recording of telephone conversations
- ESMA statement on actions to mitigate the impact of Covid-19 on the deadlines for the publication of periodic reports by fund managers dated 9 April 2020
Financial Action Task Force (FATF)
Valuation
- International Valuation Standards Council (IVSC) - Dealing with valuation uncertainty at times of market unrest (03/2020)
- International Private Equity and Venture Capital (IPEV) Valuation Guidelines - IPEV Board, Special Valuation Guidance (31/03/2020)
Important aspects for regulated entities in the financial/insurance sectors and payment institutions
Commision de Surveillance du Secteur Financier (CSSF)
- CSSF - FAQ on Covid-19
- CSSF - Circular letter dated 17 March 2020 - Fight against AML
- CSSF - Coronavirus (covid-19): working from home (17 March 2020)
- CSSF - Press release dated 23 March 2020 - Regulatory reporting
- CSSF - Press release dated 25 March 2020 - Long form reports
- CSSF - Covid-19: Procedure for complaint handling 26 March 2020
- CSSF - Circular letter dated 10 April 2020 - Re: Financial crime and AML/CFT implications during the Covid-19 pandemic
Commisariat Aux Assurances (CAA)
European Banking Authority (EBA)
- EBA Statement on actions to mitigate the impact of Covid-19 on the EU banking sector
- EBA Statement on consumer and payment issues in light of Covid19
- EBA Statement on consumer and payment issues
- EBA Statement on additional supervisory measures in the COVID-19 pandemic
European Central Bank (ECB)
European Insurance and Occupational Pensions Authority (EIOPA)
- EIOPA Consurmer guide - Inusrance
- EIOPA Statement on actions to mitigate the impact of Coronavirus/Covid-19 on the EU insurance sector (17/03/20)
- EIOPA Recommendations on supervisory flexibility regarding deadlines of supervisory reporting and public disclosure by insurers
- EIOPA Call to action
- EIOPA Statement on dividends distribution and variable remuneration policies
European Securities and Market Authority (ESMA)
- ESMA Decision of 16 March 2020
- ESMA press release (20/03/20): Covid-19: Clarification of issues related to the application of MiFID II requirements on the recording of telephone conversations
- ESMA statement on dividends distribution, share buybacks and variable remuneration
- ESMA statement dated 31 March 2020
Financial Action Task Force (FATF)
- GAFI on 1 April 2020: Statement by the FATF President: Covid-19 and measures to combat illicit financing
Tax and accounting issues
- Demande d'annulation des avances trimestrielles - Gouvernement du Grand Duché du Luxembourg (only available in French)
- Demande d'un délai de paiement - Gouvernement du Grand Duché du Luxembourg (only available in French)
- The European Commission's proposal of 8 May 2020 for a directive amending Directive 2011/16/EU to extend certain deadlines for reporting and exchanging information with respect to tax matters due to the COVID-19 crisis
- Commission des Normes Comptables (CNC) - Luxembourg - Incidences de la pandémie de Covid-19 sur les comptes annuels et consolidés de l’exercice 2019 des entreprises et groupes luxembourgeois (05/2020)
- Compagnie Nationale des Commissaires aux Comptes (CNCC) et Conseil Supérieur de l’Ordre des Experts-Comptables (CSOEC) - France - Questions / Réponses relatives aux conséquences de la crise sanitaire et économique liée à l’épidémie de Covid-19 (03/2020)
- Autorité des Normes Comptables (ANC) - France - Synthèse - Recommandations et observations relatives à la prise en compte des conséquences de l’événement Covid-19 dans les comptes et situations établis à compter du 1er janvier 2020 (05/2020) ;
- Council Directive (EU) 2020/876 of 24 June 2020
Valuation
- International Valuation Standards Council (IVSC) - Dealing with valuation uncertainty at times of market unrest (03/2020)
- International Private Equity and Venture Capital (IPEV) Valuation Guidelines - IPEV Board, Special Valuation Guidance (31/03/2020)
Complying with data protection rules
- Bill amending the e-commerce law of 14 August 2000 currently under discussion (Bill n°7427) - French only
- ILNAS - Liste des prestataires de services de confiance
- European Union - Trusted List Browser
- Autorité de protection des données (Belgique) : COVID-19 et le traitement de données à caractère personnel sur le lieu de travail.
- CNIL (Commission Nationale de l'Informatique et des Libertés - France) : Coronavirus (COVID-19) : les rappels de la CNIL sur la collecte de données personnelles par les employeurs
European Data Protection Board (EDPB)
Luxembourg data protection authority (CNPD)
- Coronavirus : la CNPD adapte son cadre de travail
- Coronavirus/Covid-19 : recommandations de la CNPD relatives à la collecte de données personnelles dans un contexte de crise sanitaire
Ensure business continuity
- Cybersecurity (Arendt offer)
- Loi du 19 décembre 2020
- Loi du 20 juin 2020
- Loi du 25 novembre 2020
- OLAF launches enquiry into fake Covid-19 related products
- Lex Mundi - Covid-19 Global Competition Measures Report
- EUIPO – Update and Decision No EX-20-4 of the Executive Director of the Office of 29 April 2020 concerning the extension of time limits
- EPO - Coronavirus (Covid-19) – Information is continually updated
Benelux Office for Intellectual Property (BOIP)
- Compliance with deadlines during the period of public health restrictions caused by the coronavirus
- Registering a trademark relating to the corona virus
- Announcement of Business-As-Usual date (BAU date)
World Intellectual Property Organisation (WIPO)
- Patent Cooperation Treaty (PCT)
- Covid-19 Update: WIPO’s IP Services
- Madrid – The International Trademark System
- Hague – The International Design System
