The EBA outsourcing guidelines came into effect on 30 September 2019. They are more prescriptive than the previous guidance and have a broader scope, applying to payment and e-money companies for the first time. All new outsourcing agreements entered into, reviewed or amended after 30 September 2019 should follow the…
As the deadline for the UK’s withdrawal from the EU approaches and there is an increasing risk of…
As the deadline for the UK’s withdrawal from the EU approaches, and Brexit negotiations continue, it is vital…
On 9 August 2019, the Luxembourg Parliament publicly released the bill of law 7465 implementing the European Union (EU) Directive 2018/822 of 25 May 2018 on mandatory disclosure requirements for intermediaries (DAC6 or the “Directive”). These new provisions, applicable only to direct taxes, will require intermediaries and, in certain situations, the taxpayer itself…
The European Commission recently announced new legislation to address work-life balance and women’s underrepresentation in the labour market.…
The law establishing a Register of Beneficial Owners for Luxembourg-registered entities came into force as of 1 March…
Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last 20 years to approximately $300 billion and continues to grow rapidly. But with that broadening and diversification comes a whole new set of business challenges to…
Introduction Following the recent third rejection of the Brexit withdrawal agreement in the UK Parliament, a no-deal Brexit…
We are pleased to invite you to the ICC-Baker McKenzie Thirteenth Annual Conference 2019 on “Trends and Developments…
Across the globe, tax is at the top of the agenda in newsrooms and boardrooms alike, owing to a marked rise in the number of cases being contested. New research Baker McKenzie recently conducted shows that the amount of tax globally under dispute is so large that it wipes out…