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Loyens & Loeff
Our specialists are discussing key updates that we should expect in the ESG area for the asset managers in 2024. The consultation on the sustainable finance disclosure regulation (SFDR)...
ELVINGER HOSS PRUSSEN, société anonyme
The Forest Law of 23 August 2023 ("Forest Law") entered into force on 1 October 2023. The Forest Law was introduced with the aim to creating a robust and coherent general legal framework...
CMS Luxembourg
As sustainable finance gains momentum, regulators worldwide are placing greater emphasis on the integration of environmental, social, and governance (ESG) considerations into investment practices.
Arendt & Medernach
On 10 October 2023, the Commissariat aux Assurances (CAA) released Information Note 23/9 ("Information Note 23/9") communicating its follow-up on the implementation of climate change...
Dennemeyer S.A.
Every year, millions of tons of plastic find their way into our rivers and oceans, threatening wildlife and contaminating water supplies. This problem only compounds with time since plastic does not decompose in the environment.
Arendt & Medernach
On 2 November 2022, the European central bank ("ECB") published its thematic review and good practices for climate-related and environmental risks.
ELVINGER HOSS PRUSSEN, société anonyme
As successive laws on the protection of nature and natural resources have been passed and amended, the regime for existing buildings in green zones has become increasingly stringent.
BSP
The Commission Delegated Regulation (EU) 2022/1214 of 9 March 2022[1] ("Nuclear and Gas Regulation") was published on 15 July 2022 after finally being approved...
Dennemeyer S.A.
To cultivate the right perception, it is necessary to demonstrate sustainable operations through reporting, decision-making and marketing.
ELVINGER HOSS PRUSSEN, société anonyme
In order to ensure the protection and preservation of the environment and the improvement of its quality, Luxembourg has recently adopted five laws making up the so-called "Circular Economy Package".
CMS Luxembourg
On 10 June 2022, a package of five laws were published to implement the European Union ("EU") directives which are part of the "Circular Economy" into Luxembourg law...
NautaDutilh Avocats Luxembourg
The EU Regulation on the establishment of a framework to facilitate sustainable investment (the "Taxonomy Regulation") was published in the Official Journal on 22 June 2020.
ELVINGER HOSS PRUSSEN, société anonyme
The CSSF announced in its communication (available here ) published on 2 December 2021 that it has put in place a fast track procedure to facilitate compliance with the taxonomy-related disclosure...
European Union
Loyens & Loeff
The current regulatory environment develops with an increased speed, in particular, in the area of Sustainable Finance. In the context of EU Commission's renewed sustainable finance strategy adopted in July 2021...
CMS Luxembourg
On 23 October 2023, the Council of the European Union (the Council) adopted in first reading the regulation on European green bonds standards (the EU GB Regulation).
ELVINGER HOSS PRUSSEN, société anonyme
An extensive overview of regulatory developments in the first half of 2023 in the field of sustainable finance affecting credit institutions and MiFID firms is provided in the Asset management...
Arendt & Medernach
The first two regimes help undertakings impacted by the long-running conflict in Ukraine, in particular those affected by the rise in energy prices.
ELVINGER HOSS PRUSSEN, société anonyme
Regulation (EU) 2021/1119 or the "European Climate Law", a landmark text writing into law the EU's commitment to reaching climate neutrality by 2050, entered into force on 29 July 2021.
ELVINGER HOSS PRUSSEN, société anonyme
In a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.
ELVINGER HOSS PRUSSEN, société anonyme
In a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.
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