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Harnessing AI transformation in wealth and asset management
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November Data Protection Newsletter
Consulting November Data Protection Newsletter
Grant Thornton Luxembourg welcomes you to the November Data Protection Newsletter! This month, we highlight key developments in data protection, AI, and tech regulation, including updates on the European Commission GDPR and AI Act amendment proposal, a potential new GDPR adequacy decision, and important news for LinkedIn users regarding AI training. Whether you are managing compliance or simply aiming to stay safer and better informed online, this newsletter is for you. As always, our Data Protection Team is here to help. If you would like tailored advice or to discuss a specific issue, please contact us using the details at the end of this page.
5 min read | 27 Nov 2025
New Carried Interest Regime to Boost Luxembourg’s Competitiveness
Tax News New Carried Interest Regime to Boost Luxembourg’s Competitiveness
Following the legislative elections in October 2023, the Luxembourg government unveiled its 2023–2028 coalition agreement, outlining initiatives to enhance the country’s economic competitiveness. The agreement places particular emphasis on the financial sector, with key tax reforms designed to foster sustainable growth and reinforce Luxembourg’s status as a leading international financial center over the next five years.
4 min read | 15 Sep 2025
Luxembourg Tax Unity Regime
Tax Tips Luxembourg Tax Unity Regime
The tax unity regime allows a group of Luxembourg companies to be taxed as a single taxpayer on a consolidated basis. This regime enables the offsetting of profits and losses among group members, potentially reducing the group’s overall tax burden.
2 min read | 19 Aug 2025
Reminder: ICT Incident Reporting – Execution Is the Real Challenge
Technology Reminder: ICT Incident Reporting – Execution Is the Real Challenge
The CSSF has recently reiterated a key message for all supervised entities: if a major ICT-related incident occurs, it must be reported—promptly and without exception.
2 min read | 31 Jul 2025
Update of Participating and Reportable Jurisdictions under the Common Reporting Standard
Tax News Update of Participating and Reportable Jurisdictions under the Common Reporting Standard
The Grand-Ducal Decree of 6 June 2025 modified the lists of Participating Jurisdictions and Reportable Jurisdictions for the CRS reporting year 2024. The Grand-Ducal Decree added the following jurisdictions to the List of Participating Jurisdictions. In addition, certain jurisdictions were added to the list of Reportable Jurisdictions.
1 min read | 13 Jun 2025
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