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December Data Protection Newsletter
Consulting December Data Protection Newsletter
Grant Thornton Luxembourg welcomes you to the December Data Protection Newsletter! This month, we highlight key developments in data protection, AI, and tech regulation, including the EDPB’s new Recommendations on eCommerce accounts, the EU Fundamental Right Agency (FRA) report on high-risk AI systems, the adoption of an AI ethics resolution by international Francophone data protection authorities, and CNIL fines for unlawful cookie practices.
6 min read |
Bridging the AI Ambition Gap in Asset Management: Global Survey Insights
Report Bridging the AI Ambition Gap in Asset Management: Global Survey Insights
AI is transforming the asset and wealth management industry, moving into investment decisions, compliance checks, and client engagement. This shift raises expectations for speed, accuracy, and personalisation. Learn more about the results of this new global AI research led by ThoughtLab.
6 min read |
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 |
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 |
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 |
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