Regulatory

Blog

Regulatory

The Regulatory Blog is an informal and up to date news and information service of key regulatory developments in our jurisdictions: the BVI, the Cayman Islands, Cyprus and Luxembourg. We intend to include the latest financial services, anti-money laundering, sanctions and related developments within our remit.

Contributors

Aki Corsoni-Husain
Aki Corsoni-Husain
  • Aki Corsoni-Husain

  • Partner
  • Cyprus
George Apostolou
George Apostolou
  • George Apostolou

  • Partner
  • Cyprus
Jermaine Case
Jermaine Case
  • Jermaine Case

  • Associate
  • British Virgin Islands
Chiara Deceglie
Chiara Deceglie
  • Chiara Deceglie

  • Partner
  • Luxembourg
Massimiliano della Zonca
Massimiliano della Zonca
  • Massimiliano della Zonca

  • Senior Associate
  • Luxembourg
Philip Graham
Philip Graham
  • Philip Graham

  • Partner
  • British Virgin Islands
Ayana Hull
Ayana Hull
  • Ayana Hull

  • Counsel
  • British Virgin Islands
Katerina Katsiami
Katerina Katsiami
  • Katerina Katsiami

  • Associate
  • Cyprus
Petros Kiteos
Petros Kiteos
  • Petros Kiteos

  • Associate
  • Cyprus
Andrew Knight
Andrew Knight
  • Andrew Knight

  • Partner
  • Luxembourg
Evi Koutsioumpa
Evi Koutsioumpa
  • Evi Koutsioumpa

  • Associate
  • Luxembourg
Joshua Mangeot
Joshua Mangeot
  • Joshua Mangeot

  • Counsel
  • British Virgin Islands
Mirza Manraj
Mirza Manraj
  • Mirza Manraj

  • Counsel
  • Hong Kong
Elina Mantrali
Mirza Manraj
  • Elina Mantrali

  • Associate
  • Cyprus
Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

  • Partner
  • Luxembourg
Andrea Moundi Savvides
Andrea Moundi Savvides
  • Andrea Moundi Savvides

  • Associate
  • Cyprus
Marina Stavrou
Marina Stavrou
  • Marina Stavrou

  • Associate
  • Cyprus
Matt Taber
Matt Taber
  • Matt Taber

  • Partner
  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Senior Associate
  • Cayman Islands

Luxembourg passed law implementing DAC 6

On 25 March 2020, the Luxembourg Parliament passed the law implementing the EU Council Directive (EU) 2018/822 (DAC 6) on the mandatory reporting, principally by intermediaries but ultimately by taxpayers, of reportable cross border arrangements and the subsequent automatic exchange of information in relation to those arrangements between EU governments.

Andrew Knight, Evi Koutsioumpa

Amendments on the implementation of the professional privilege exemption on Luxembourg DAC 6 draft law

On 8 August 2019, draft law 7465 transposing the EU directive 2018/822 on cross-border reportable arrangements (referred to as DAC 6) in Luxembourg was submitted before the Luxembourg Parliament. Under the terms of DAC 6 the draft law should have been passed by 31 December 2019. However, due to a number of debates around its implementation, including the treatment of the professional privilege exemption, the draft law has not been passed yet.

Andrew Knight, Evi Koutsioumpa

DAC 6 in Cyprus

We are happy to announce that Aki Corsoni-Husain and Andrew Knight authored an article on DAC 6 in Cyprus, which was published in Bloomberg Tax on 17 January 2020, providing detailed and valuable information on the new EU Directive to all interested parties.

Aki Corsoni-Husain, Andrew Knight

Cyprus: Public consultation on DAC6

The Cypriot tax authorities have launched a public consultation on draft legislation to implement EU Directive 2018/822 on mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC6) into local legislation.

Aki Corsoni-Husain, Elina Mantrali,
Petros Kiteos