|Regulation, Financial Accounting and Reporting Update Luxembourg - What do you need to know about social and environmental information reporting?||The birth of the Luxembourg law on disclosures of non-financial and diversity information. |
On 23 July 2016, Directive 2014/95/EU of 22 October 20141 which amends the Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups was transposed into Luxembourg corporate law (the Law, the 23 July 2016 Law). The Law amends and supplements the Luxembourg Law of 18 December 2015 on the transposition of the European Directive 2013/34/EU on the annual and consolidated financial statements.
|All you need to know about the Reserved Alternative Investment Fund (RAIF)||On 14 July 2016, the Luxembourg Parliament adopted the bill n°6929 which introduces a new type of alternative investment fund in Luxembourg: the reserved alternative investment fund (RAIF – or fonds d’investissement alternative réservé, FIAR). |
This law has been published in the Luxembourg official gazette, the Mémorial A, on 28 July 2016.
|Audit Reform in Luxembourg – what role will the Audit Committee play?||The Law of 23 July 2016 on the audit profession transposing European Directive 2014/56/EU and implementing European Regulation n°537/2014, significant developments to be on the agenda of audit committees. The legislation is wide-ranging, which impose, among other things, mandatory audit firm rotation as well as significant restrictions on non-audit services for public interest entities in the European Union and in the European Economic Area countries.||20160721July 2016|
|Regulation, Financial Accounting and Reporting Alert Luxembourg - The new legal publication regime||The Law and the Grand Ducal Regulation of 27 May 2016 reforming the legal publication regime relating to companies and associations are now in force. |
The new Law is effective as from 1 June 2016.
A Digital transformation
New RCS registration requirement for all Luxembourg common funds
Late filing fees
|Financial accounting and reporting - what is new? |
The Law and the Grand Ducal Regulation of 18 December 2015 concerning annual accounts and consolidated accounts are now in force
|In December 2015, the European Directive 2013/34/EU on the annual and consolidated financial statements was transposed to Luxembourg’s corporate law. The new Law is effective for financial periods beginning on or after 1 January 2016.||20160322March 2016|
|Financial Services - connected? Responding to the new regulatory environment||The Financial Services – connected? is EY Luxembourg’s publication responding to the regulatory environment, applicable to the wealth and asset management, banking and insurance industry from a Luxembourg perspective. Financial Services – connected? will help you to be informed about the recent regulatory developments, the actions to be taken and the solutions provided by our expert services.||20160131January 2016|
|Service Organization Controls Reporting||As an external service provider, you have designed your processes to meet your clients’ operational and processing needs, but are you addressing their audit and compliance needs? If not, you may be missing a critical client need.||20150315March 2015|
|The Luxembourg Financial Connection - Issue 22||EY’s newsletter on regulatory, leading practices and market developments in the financial services industry from a Luxembourg perspective - including seven articles and covering over 60 new developments.||20140912September 2014|
|Global Fraud Survey 2014||Our 2014 Global Fraud Survey suggests that companies need to address internal and external threats which can cause significant reputational and financial damage.||20130612June 2014|
|Life science: The major challenges concerning corruption and bribery||The first of an entire series of publications examining the challenges in specialized fields of activities.||2013102828 October 2013|
|Bribery and corruption: Mitigating the impact of foreign legislation||Corruption: many companies are actually concerned by various levels of jurisdictions without being aware of the impact of these foreign laws.||2013102828 October 2013|
|Reporting magazine – special edition||Collection of articles on risk, reporting and corporate governance issues for audit committee members.||2013071717 July 2013|
|Financial Accounting, Advisory and Reporting Services. Real Estate||EY Luxembourg real estate practice comprises over 120 experienced professionals.||2013070101 July 2013|
|Audit Committee Bulletin, |
|Find out the latest issues that audit committee chairs and members are discussing with EY.||2013070101 July 2013|
|Anti-corruption survey in the private sector||In May 2013 the Luxembourg Chamber of Commerce, in partnership with EY Fraud Investigation and Dispute Services Luxembourg, launched an online survey to the top Luxembourg business leaders to gain insight into the “Tone at the Top” on corruption in the Luxembourg private sector.||2013061010 June 2013|