On 22nd August 2018, the law of 10th August 2018 (implementing the EU Directive 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution ("IDD") and amending the law of 7 December 2015 on the insurance sector, as amended (the "2015 Law")) (the "2018 Law" or the "Law") was published in the Luxembourg Official Gazette n°710. The Law will enter into force on 1st October 2018. Please click on the link below to learn more about the impacts.

To view the full article click here.

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.