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Luxembourg Market Pulse - December 2023

In this edition of the Market Pulse we have done something a bit different. Kicking off our country focus for the next year, we have provided a market analysis of the US asset management industry, benchmarked against Luxembourg. Aligned with this theme, our experts provide an overview – and some insights – on the shortening of the settlement cycle for transactions in US equities. We also share our regulatory outlook for 2024, covering topics such as AIFMD, the Retail Investment Strategy (RIS), and sustainable finance, among others. In our flash news, updates are provided on virtual asset service providers, marketing communications, EU green bonds, MiFID II remuneration requirements, CSSF Circular 23/843, CSRD, SFDR 2.0 and DORA.

December 2023

Luxembourg Market Pulse Update


Summary

Financial law has evolved a lot in the past decades with the rise of new topics, such as digital and sustainable finance, the creation of new vehicles and the recast of key pieces of regulation. In those kinds of scenarios agility and adaptability are essential skills. In order to help market participants to prepare for the upcoming changes, we have prepared this article addressing the key regulatory changes foreseen in 2024.