Luxembourg: Technology

The EU's digital regulatory framework—spanning the AI Act, GDPR reforms, the Data Act, NIS2, and the Cyber Resilience Act—extends far beyond European borders...

Luxembourg has enacted two parallel laws—transposing the EU's NIS 2 Directive on cybersecurity and the CER Directive on critical entity resilience—that together create a comprehensive national framework...

The European Commission's Digital Omnibus Proposal introduces a set of targeted changes to the GDPR that are intended to reduce unnecessary burden for organisations, increase legal certainty...

The Dennemeyer Group introduces DIAMS Infinity, a next-generation IP management software that leverages artificial intelligence to automate repetitive tasks and streamline portfolio management. How does this cloud-based solution address the operational complexity and manual coordination challenges that have long plagued IP professionals managing expanding portfolios?

A modern IP Management System (IPMS) must provide comprehensive life cycle coverage. It enables portfolio maintenance, agent instruction, control over renewals and annuities, deadline tracking, reporting and insight through dashboards.

Conscious of new risks arising from digitalisation, emerging technologies and evolving scam tactics...

Luxembourg's financial regulator CSSF has published its first FAQ on tokenisation of investment funds, addressing how traditional asset classes can be issued in tokenised form on distributed ledger technology. The guidance clarifies regulatory requirements for UCIs, administrators, and control agents while maintaining a technologically neutral approach that evaluates risks based on how the technology is used rather than the technology itself.

The transitional period under MiCAR for virtual asset service providers has ended, creating significant regulatory obligations for crypto-asset service providers and their customers. Luxembourg's CSSF has issued guidance on the implications for VASPs operating without proper authorization, third-country providers targeting EU clients, and the strict interpretation of reverse solicitation exemptions.

The CRD VI Act pursues a dual objective: on the one hand, transposing CRD VI itself and, on the other, transposing Directive (EU) 2024/2994 and implementing Regulation (EU) 2024/2987, relating to the EMIR 3 package.