Universal Investment: Preparing for Dora’s contract challenges
With the Digital Operational Resilience Act deadline looming, Martin Groos explains how financial firms and ICT providers must urgently adapt contracts.
Morningstar: fast-growing Africa still fails to attract investors
The African continent appears to generate little enthusiasm among investors. In fact, the total assets under management in African equity funds are so small that the survival of many funds is in question.
Dirk Coveliers: EU ruling on Dutch withholding tax creates opportunities for insurers
The European Court of Justice has ruled against the Netherlands for its discriminatory treatment of foreign insurers compared to domestic ones in the taxation of dividends.
Morningstar: bitcoin spot-ETF's are hot
Bitcoin recently hits the symbolic 100,000 dollar mark as spot ETFs surge in popularity among investors.
Loyens & Loeff: Blockchain IV law from a German law perspective
Luxembourg’s Blockchain Law IV boosts DLT for securities and introduces the ‘control agent,’ offering new possibilities for fund distribution and innovation.
NRF: Revamping Luxembourg's corporate accounting framework
Luxembourg is undergoing a significant reform of its corporate accounting framework with the introduction of draft bill no. 8286 on 28 July 2023 (the “New Draft Law”).
Morningstar: European automotive industry faces difficult times
The European automotive sector is going through a challenging period. Troubling developments have put pressure on the stock prices of European car manufacturers, leading to a decline in their significance within the global equity market. This comes at a time when the weighting of the global automotive industry in the worldwide stock index is at its highest level in over two decades.
Eltif 2.0, outsourcing, and tax in focus
This autumn, regulators tightened rules in three parts of the European fund sector: the Eltif 2.0 rules, outsourcing of portfolio management by Luxembourg funds, and the evolving rules for tax transparency in the Netherlands.
Morningstar: playing chess with thematic funds rarely leads to profit
Thematic funds have grown significantly in size, number, and prominence globally over the past five years. Despite recent underperformance, these funds seem to maintain a lasting role in investors’ portfolios. Higher costs, greater volatility, and the slim odds of success do not deter investors from chasing popular investment trends.
UCI tax: Ghent court provides relief for Luxembourg funds
The Belgian UCI tax on Luxembourg funds remains a longstanding point of contention between the two countries. However, a recent ruling by the Ghent Court of Appeal has delivered significant legal and tax advantages for Luxembourg Sicavs.