Welcome to the September 2026 edition of Fund Flow, Leroy & Goldbach's monthly newsletter providing curated insights on recent legal, tax and regulatory developments in Luxembourg and the EU that may affect your business.

In this edition:

Investment Funds & Asset Management

• SFDR 2.0 | European Parliament position ahead of trilogue
• CSSF extends LMT eDesk notifications to redemption-only suspensions
• CSSF launches eRegister | API access to Luxembourg fund data
• ESMA simplification agenda | Integrated fund reporting
• Private credit | Commission requests advice from the ESAs

Tax

• Luxembourg moves towards mandatory B2B VAT e-invoicing
• CJEU iShares ruling | Withholding tax on non-resident funds
• Amended CRS | New Luxembourg reporting framework and XSD 3.0

Corporate, M&A & Capital Markets

• Revised ESRS and Voluntary Standard published in the Official Journal
• LBR Circular 26/02 | RCS and RBE enforcement phase begins

Regulatory & Compliance

• New EU green claims rules apply | CSSF focuses on financial products
• Luxembourg publishes first vertical risk assessment on financial sanctions

Banking & Finance and Securitisation

• CSSF modernises prudential reporting for PIs, EMIs and CASPs
• Securitisation law reform | Bill 8761 moves forward

In Brief

• Also on our radar | Luxembourg and EU round-up

To discuss any topic, seek assistance or request a tailor-made training for your team, please reach out to our Partners.