Funds & Investment Management Update – Ireland and Luxembourg

This quarter’s highlights include an update on AIFMD and UCITS Directive, Sustainable Finance and Corporate Sustainability Directives, AML/CTF developments, and DORA implementation. It also includes an overview of recent tax developments in Ireland and Luxembourg, including an Irish Department of Finance consultation on the tax treatment of interest, an updated Luxembourg tax circular on shareholder current account interest rates aligning with OECD transfer pricing guidelines, and a Luxembourg government action plan introducing tax incentives to support start-ups and innovation.