Unravelling
Complexity

Insights

Unravelling Complexity

8 Results

The 6th Directive on Administrative Cooperation (DAC 6) on cross-border reportable arrangements
Regulatory and Tax

The 6th Directive on Administrative Cooperation (DAC 6) on cross-border reportable arrangements

EU Council Directive (EU) 2018/822 (DAC 6) requires the mandatory reporting, principally by intermediaries but ultimately by taxpayers, of reportable cross border arrangements and the subsequent automatic exchange of information in relation to those arrangements between EU governments. The ostensible policy objective is to identify arrangements that involve aggressive tax planning at an earlier stage than when normal domestic tax reporting occurs.
A practical approach to regulation
Regulatory and Tax

A practical approach to regulation

The swathe of transparency disclosures required by new and upcoming regulation has been putting pressure on private equity firms. This article, originally published by Private Equity Wire, looks at how PE managers can work with pragmatic and knowledgeable law firms to understand exactly how the rules apply to their particular situation and consider whether there is a basis for limiting disclosure about their business and their investors.
Named and shamed: The implications of appearing on the EU's sanctions list
Regulatory and Tax

Named and shamed: The implications of appearing on the EU's sanctions list

What is the EU's sanctions list? How is it produced and amended? What are the implications of being listed? Aki Corsoni-Husain answers these questions in this article, originally published by ThomsonReuters©
CSSF online assessment concerning PRIIPs: 31 October deadline
Regulatory and Tax

CSSF online assessment concerning PRIIPs: 31 October deadline

On 1 July 2019, the Commission de Surveillance du Secteur Financier issued a press release concerning the packaged retail and insurance-based investment products. The regulator requires all SIFs, Part II UCIs and SICARs to complete an online assessment available on the eDesk portal as specified in Circular 19/721 (Dematerialisation of requests to the CSSF).
Luxembourg beneficial owners register: 31 August deadline approaching fast
Regulatory and Tax

Luxembourg beneficial owners register: 31 August deadline approaching fast

The Luxembourg Law of 13 January 2019 (RBE Law) provides for the setting-up of a register of beneficial owners of Luxembourg legal entities. The registration of the beneficial owners must be carried out online through the RBE portal with all current beneficial owners to be registered by 31 August 2019 in order to avoid criminal fines resulting from a breach of the RBE Law and to benefit from a free-of-charge filing.
Luxembourg register of beneficial owners
Investment Funds

Luxembourg register of beneficial owners

The Luxembourg Law of 13 January 2019 (RBE Law) providing for the setting-up of a register of beneficial owners of Luxembourg legal entities (Registre des bénéficiaires effectifs or RBE) was published in the Luxembourg official gazette on 15 January 2019.