The Allen & Overy Luxembourg podcast

Podcast #1: AML/CTF – Recent Luxembourg developments: updating your CDD processes

Partner Henri Wagner, Counsel Carole Schmitt and Counsel Thomas Berger discuss Luxembourg’s implementation of 5MLD and how obliged entities should adapt to these new rules in their approach to CDD.

Luxembourg M&A Market: Dealmaking in the time of Covid-19 coronavirus

In this episode, partner Jacques Graas and senior associate Pol Theisen discuss the status of the Luxembourg M&A market and the key considerations for sellers/buyers in light of the ongoing Covid-19 crisis.

The new Luxembourg bill on professional payment guarantee

In this podcast, Partner, Henri Wagner and Counsel, François-Guillaume de Liedekerke introduce you to the recent draft of a law which, under Luxembourg law, aims to establish a new regime of professional guarantee of payment and guide you on how you can benefit from such a regime in the context of international financial transactions.

State aid and transfer pricing: Fiat and Starbucks decisions

The European Commission has been using state aid law to challenge advance pricing agreements (APAs) given by some member states to multinationals over the last few years.

In this context, on 24 September 2019, the General Court of the European Union has rendered its first individual decisions, i.e. the Fiat and the Starbucks decisions: while the Court considered that the APA granted by Luxembourg to Fiat constituted a selective advantage, it has on the contrary annulled the Commission's decision that the APA granted by the Netherlands to Starbucks was unlawful state aid.

In this podcast Sophie Balliet (Counsel, Tax) and Jean Schaffner (Partner, Tax) of Allen & Overy Luxembourg will discuss both decisions and their likely impact.

Covid-19 crisis: overview of key measures and considerations for the Luxembourg financial sector

In this podcast, Partner Henri Wagner, Counsel Carole Schmidt and Senior Associate Baptiste Aubry guide you through the Covid-19 crisis measures in place for the Luxembourg financial sector and make recommendations on how to take advantage of these measures while complying with regulators' expectations.

ATAD 2: what is the impact on the fund industry?

The second anti-tax avoidance directive (ATAD 2) applicable as of 1 January 2020 (except for reverse hybrid mismatches, applicable as of 1 January 2022) will introduce anti-hybrid rules in the European Union. ATAD 2 has a significant impact on how alternative investment funds and their underlying investments are structured. In this podcast Johanna Tschurtschenthaler (Senior Associate, Tax) and Patrick Mischo (Partner, Tax) of Allen & Overy Luxembourg will discuss the basic concepts and how the alternative investments space will be affected (both with respect to existing funds and new fund projects).

Employers faced with a coronavirus outbreak – what are the precautions to take and obligations of the employer in Luxembourg

Every day the media reports an increasing number of people infected with the coronavirus. The media also reports cases of people who have been quarantined after having been in contact with people who may be carriers of the virus or after having stayed in a risk area. In this podcast, we address this current event from the perspective of the rights and obligations of an employer in Luxembourg faced with the coronavirus issue so that he/she/it can take the necessary measures with full knowledge of the facts.

We have also prepared FAQs on this subject.

L’employeur face au coronavirus – quels sont les droits et obligations de l’employeur à Luxembourg?

Chaque jour les médias font état d’un nombre croissant de personnes contaminées par le coronavirus. Les médias relatent également le cas de personnes placées en quarantaine après avoir été en contact avec des personnes susceptibles d’être porteuses du virus ou après avoir séjourné dans une zone à risque. Dans ce podcast, nous abordons ce fait d’actualité sous la perspective des droits et obligations d’un employeur à Luxembourg confronté à la question du coronavirus afin qu’il puisse prendre les mesures nécessaires en connaissance de cause.

Nous avons également préparé des FAQ sur ce sujet.