Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.
We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.
Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.
The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas, including Investment Management, Private Equity, Banking and Corporate Law.
In response to the current situation in Ukraine, the Commissariat aux Assurances (the "CAA") issued Information Note 22/5 (the "Note") stating that it expects all entities under its supervision to enhance their vigilance...
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In response to the current situation in Ukraine, the
Commissariat aux Assurances (the "CAA")
issued Information Note 22/5 (the
"Note") stating that it expects all
entities under its supervision to enhance their vigilance towards
the conflict and to assess its potential impacts in the short and
medium term.
The Note includes a list of the measures that such enhanced
vigilance and impact assessments must constitute at minimum. The
scope of the measures that the CAA expects supervised entities to
take varies depending on the nature of the entity, with more
extensive measures expected from insurance and reinsurance
undertakings.
Supervised entities must make the results of the implemented
measures available to the CAA and discuss with it any material
risks they may identify.
Where the implemented measures call for a revised ORSA, that
ORSA must be communicated to the CAA.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
The CAA Calls For Impact Assessments And Stronger Vigilance As A Consequence Of The Military Aggression By Russia Against Ukraine
UkraineInsurance
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About Arendt
Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.
We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.
Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.
The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas, including Investment Management, Private Equity, Banking and Corporate Law.
