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Articles by Katrien Veranneman
Main Developments in Competition Law and Policy 2025 - Luxembourg
The most prominent developments in recent years have taken place in the merger control field. Besides and pending the long-overdue introduction of a domestic merger control regime, the Luxembourg Competition Authority (“LCA”) has for the first time, on its own initiative, relied on Article 22 of the EU Merger Regulation (“EUMR”) to refer a potentially problematic merger to the European Commission (“Commission”) for review.
Gender Balance On Boards Of Listed Companies: Luxembourg Transposes EU Directive
Katrien Veranneman’s articles from ELVINGER HOSS PRUSSEN, société anonyme are most popular: in European Union in European Union in European Union in European Union in European Union in European Union in European Union in European Union in European Union in European Union with readers working within the Aerospace & Defence, Media & Information and Telecomms industries ELVINGER HOSS PRUSSEN, société anonyme are most popular: within Antitrust/Competition Law, Litigation, Mediation & Arbitration...
International Sanctions Compliance In Luxembourg: Update On Recent EU Measures And CSSF Guidance
Katrien Veranneman’s articles from ELVINGER HOSS PRUSSEN, société anonyme are most popular: in European Union in European Union in European Union in European Union in European Union in European Union in European Union in European Union in European Union in European Union with readers working within the Media & Information and Law Firm industries ELVINGER HOSS PRUSSEN, société anonyme are most popular: within Antitrust/Competition Law, Technology and Wealth Management topic(s) The last quarter...
Self-Preferencing And Abuse Of Dominance: The CJEU Judgment In Google Shopping And Beyond
Katrien Veranneman’s articles from ELVINGER HOSS PRUSSEN, société anonyme are most popular: within Antitrust/Competition Law topic(s) in European Union in European Union in European Union in European Union with readers working within the Law Firm industries ELVINGER HOSS PRUSSEN, société anonyme are most popular: within Antitrust/Competition Law, Technology and Law Practice Management topic(s) On 10 September 2024, the Court of Justice of the European Union upheld the €2.4 billion fine...
Antitrust Risk Of No-poach Arrangements And Minority Shareholdings: Takeaways Of The Commission Decision Fining Delivery Hero And Glovo
EH ELVINGER HOSS PRUSSEN, société anonyme More Independent in structure and spirit, Elvinger Hoss Prussen guides clients on their most critical Luxembourg legal matters. Committed to excellence and creativity in legal practice, our firm delivers the best possible advice for businesses, institutions and entrepreneurs, playing a unique role in the development of Luxembourg as a financial centre.
Simplifying Sustainability Reporting: Voluntary Sustainability Reporting Standard For SMEs (VSME)
The European Commission adopted on 30 July 2025 a recommendation introducing a voluntary sustainability reporting standard for small and medium-sized enterprises (SMEs), known as the Voluntary Standard for SMEs (VSME). The VSME has been developed by EFRAG and is available in three language versions: English, French and German.
Luxembourg: Environmental, Social And Governance
1. Climate – the law governing operations that emit Greenhouse Gases (e.g. carbon trading) is addressed by Environment and Climate Change international guides, in respect of ESG: a. Is there any statutory duty to implement net zero business strategies; b. Is the use of carbon offsets to meet net zero or carbon neutral commitments regulated; c. Have there been any test cases brought against companies for undeliverable net zero strategies; d.
First EU Omnibus Package On Sustainability Simplification: What To Know
"Sustainable competitiveness" is more than ever at the forefront of EU policy priorities.
Q&A: merger notification and clearance in Luxembourg
Notification and clearance timetable Filing formalities What are the deadlines for filing? Are there sanctions for not filing and are they applied in practice? The Bill of Law No. 8296 on the control of concentrations between undertakings does not provide for a specific filing deadline. Mergers must be filed prior to their realisation once the concerned party/parties are in a position to present a project that is sufficiently advanced.
In brief: the key features of merger control legislation in Luxembourg
Legislation and jurisdiction Relevant legislation and regulators What is the relevant legislation and who enforces it? Luxembourg does not have legislation enabling the Luxembourg Competition Authority (the Authority) to carry out ex ante merger control today. However, in August 2023, Bill of Law No. 8296 on the control of concentrations between undertakings (the Bill) was submitted to Parliament.
Corporate Sustainability Reporting Directive Update
While the transposition process of Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") is still ongoing in Luxembourg, the following is worthwhile noting for companies preparing to comply with the new framework.
Navigating CRD VI: Integrating ESG Risk Management Into Governance Frameworks
In today's fast evolving financial landscape, credit institutions must integrate Environmental, Social, and Governance ("ESG") risk management into their internal governance frameworks. This shift is not merely a regulatory requirement but a strategic necessity to mitigate financial risks and enhance long-term resilience. CRD VI1 was published on 19 June 2024 with an implementation deadline until 10 January 2026.
Luxembourg's New Bill Of Law Transposing CSRD Submitted To Parliament
On 29 March 2024, the long-awaited Bill of Law 8370 transposing Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") into national law ("Bill") was submitted to the Luxembourg Parliament.
Luxembourg's New Bill On Merger Control
Luxembourg is the last EU Member State without a legal framework on merger control. At present, the Competition Authority (the "Authority") can only intervene ex post by sanctioning a merger to the extent it amounts to an abuse of dominant position and impose a fine but without being able to intervene in a structural way.
CJEU Invalidates The Public Access To UBO Registers As Imposed By The 5th AML Directive
Elvinger Hoss Prussen triggered a landmark preliminary ruling on 22 November 2022, in which the Court of Justice of the European Union (CJEU) has declared the 5th AML Directive (5AMLD) invalid insofar as it imposes a public access regime for national UBO registers. What is the context and our involvement?
Competition Council Sector Enquiry On The Luxembourg Pharmacy Market - Antitrust, EU Competition - Luxembourg
The Luxembourg Competition Council ("Council") recently published a sector enquiry report onthe pharmacy market. In this report, the Council identifies a number of problems and potential solutions to address them. Insufficient market coverage The Council found that contrary to the neighbouring countries, the density of pharmacies in Luxembourg is very low. According to data gathered for the report, 25 additional pharmacies are needed to satisfy the demand of the population.
Revised EU Competition Rules For Distribution Agreements Entering Into Force - Antitrust, EU Competition - European Union
What's new? On 1 June 2022, the new Vertical Block Exemption Regulation ("VBER") as well as the revised Guidelines on vertical restraints ("Guidelines") entered into force. They were adopted following a thorough review of the 2010 texts. The revised framework provides up-to-date rules and guidance allowing companies to self-assess the compatibility of supply and distribution agreements with EU competition rules considering an economic context reshaped by the growth of e-commerce and online sales.
Merger Control In Luxembourg – Launch Of A Public Consultation - Anti-trust/Competition Law - Luxembourg
Luxembourg: Merger Control In Luxembourg – Launch Of A Public Consultation 26 January 2022 by Léon Gloden and Katrien Veranneman ELVINGER HOSS PRUSSEN, société anonyme To print this article, all you need is to be registered or login on Mondaq.com. On 20 January 2022, the Ministry of Economy launched a public consultation on the possible implementation of a merger control regime in Luxembourg.
New Approval Regime For Luxembourg Financial Holding Companies
Luxembourg: New Approval Regime For Luxembourg Financial Holding Companies 15 June 2021 by Pit Reckinger , André Hoffmann and Katrien Veranneman ELVINGER HOSS PRUSSEN, société anonyme To print this article, all you need is to be registered or login on Mondaq.com. What's new?
The Luxembourg RBO Law One Year On : Some Key Questions Are Still Pending
Luxembourg: The Luxembourg RBO Law One Year On : Some Key Questions Are Still Pending 06 January 2021 by Katrien Veranneman and Emmanuelle Brunel ELVINGER HOSS PRUSSEN, société anonyme To print this article, all you need is to be registered or login on Mondaq.com. This article was first published in Bulletin Droit & Banque, n°67, ALJB, December 2020, pp. 17-27. - DOWNLOAD The content of this article is intended to provide a general guide to the subject matter.
Dominance in Luxembourg | Lexology
Use the Lexology Getting The Deal Through tool to compare the answers in this article with those from other jurisdictions. General framework Legal framework What is the legal framework in your jurisdiction covering the behaviour of dominant firms? The law of 23 October 2011 on competition (the 2011 Law), as amended, governs the behaviour of dominant firms.
Dominance in Luxembourg | Lexology
Use the Lexology Getting The Deal Through tool to compare the answers in this article with those from other jurisdictions. General framework Legal framework What is the legal framework in your jurisdiction covering the behaviour of dominant firms? The law of 23 October 2011 on competition (the 2011 Law), as amended, governs the behaviour of dominant firms.
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