
Publication
Essential Corporate News – Week ending 11 July 2025
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Global | Publication | May 2018
Luxembourg has introduced new disclosure requirements for Luxembourg companies that enter into transactions with related parties resident in a territory listed on the EU list of non-cooperative jurisdictions for tax purposes. The measures, which have immediate effect, are set out in Circular L.G. - A n° 64 issued on 7 May 2018 and respond to the anti-base erosion agenda.
The new measures require companies to inform the tax authorities when filing their tax returns if they have entered into transactions with related parties resident in non-cooperative territories for example, Bahamas, Trinidad & Tobago and US Virgin Islands.
In addition to this basic reporting requirement, companies are required to prepare a file containing details of the transactions in question, such as income and expenses as well as a statement of receivables and liabilities outstanding with the related party. The file should be kept at the registered office of the company and must be made available on request to the tax authorities as part of a review of the tax return or an on-site inspection.
Finally, and in addition to the specific reporting requirements, the Circular also states that the tax affairs of companies engaged in such transactions will be subject to enhanced levels of scrutiny. Cross-border structures involving Luxembourg holding companies should therefore be reviewed to determine what action needs to be taken.
Publication
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Publication
In the two years since our last climate litigation update, the prevalence and variety of global climate litigation around the world has continued to increase.
Publication
Selon un rapport conjoint du Bureau du surintendant des institutions financières (BSIF) et de l’Agence de la consommation en matière financière du Canada (ACFC), environ 70 % des institutions financières fédérales prévoient utiliser l’IA d’ici 2026 .
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