201701.05

International Auditing and Assurance Standards Board

Written by Nicholas Martin – Coficom Trust S.à r.l. The International Auditing and Assurance Standards Board (IAASB) provides guidelines for Coficom Trust S.à r.l. in Luxembourg as well as all SFAI group company member, relative to International Quality Control, Auditing, Review, Other Assurance and Related Services Pronouncements. Click here to download volume 3 Please click…

201612.30

Coficom Trust S.à r.l. – CSSF Circular on UCITS depositaries

Written by Nicholas Martin – Coficom Trust S.à r.l. The Commission de Surveillance du Secteur Financier (“CSSF”) published on 11 October 2016 a new circular 16/644* on UCITS depositaries. This circular repeals and replaces CSSF circular 14/587** (as amended by 15/608) and entered into force on 13 October 2016. Please click here to read the…

201612.30

Coficom Trust S.à r.l. – Luxembourg Green Exchange – The World’s Leading Exchange for Green Securities

Written by Nicholas Martin – Coficom Trust S.à r.l. On September 29, 2016, Luxembourg Stock Exchange (LuxSE) introduced the world’s first exchange that will trade nothing but green securities, the Luxembourg Green Exchange (LGX). LGX intends to act as a gatekeeper for green bonds and other environmentally focused financial instruments by bringing them together with…

201612.19

Coficom Trust – EU VAT Number Format

EU Country Abbreviation VAT Number Format National Prefix Example Notes Austria MWST One letter and eight digits AT AT U12345678 The first character is always ‘U’ Belgium BYW Nine digits BE BE 123456789 Denmark MOMS Eight digits DK DK 12345678 Finland ALV Eight digits FI FI 12345678 France TVA Eleven digitsor Ten digits and one…

201611.29

Press Release – London Offices Opening

COFICOM TRUST, a member of the ORDRE DES EXPERTS-COMPTABLES in Luxembourg, is very pleased to announce the opening of their new offices in London. COFICOM TRUST is a leading firm of Chartered Accountants in Luxembourg, working with many national, international and multinational companies in Luxembourg and around the world. Founded in 2010, COFICOM TRUST has…

201611.15

THE 2030 AGENDA FOR SUSTAINABLE DEVELOPMENT

A SNAPSHOT OF THE ACCOUNTANCY PROFESSION’S CONTRIBUTION The UN Sustainable Development Goals: Are We Ready? As we rapidly approach 8.5 billion people on Earth—expected by 2030—the challenges of inequality and our planet’s limited resources pose an interconnected set of global sustainable development challenges and uncertainties. Being globally systemic, these risks cannot be managed by any…

201611.10

SFAI | ANNUAL GENERAL MEETING – Miami, 2016

SFAI held its Annual General Meeting 2016 in Miami, with representative from around the world coming together to discuss the strategy and development of the group. Written by Nicholas Martin – Coficom Trust S.à r.l. – Luxembourg

201609.22

The reform of the luxembourg company law regime

On July 13, 2016 – after almost 10 years of steady maturation – the Luxembourg parliament adopted the bill of law 5730 modernising and amending the law of August 10, 1915 on commercial companies, the Civil Code and the law of December 19, 2002 on the trade and companies’ register and on the accounting and…

201609.01

Coficom Trust S.à r.l. chosen by Santa Fe Associates in Luxembourg

COFICOM TRUST, a member of the ORDRE DES EXPERTS-COMPTABLES, is very pleased to announce that SANTA FE ASSOCIATES EXECUTIVE COMMITTEE has chosen them as the exclusive CERTIFIED MEMBER FIRM for Luxembourg. COFICOM TRUST is a leading firm of Chartered Accountants in Luxembourg, working with many national, international and multinational companies in Luxembourg and around the…

201608.23

Luxembourg – New investment vehicle for well-informed investors : the RAIF

On 14 December 2015, bill 6929 (the “Bill”) was submitted to the Luxembourg’s Chamber of Deputies for adoption of the Reserved Alternative Investment Fund (“RAIF”). Once adopted, the Bill should amend the following set of laws: the law of 16 October 1934 on wealth tax; the law of 1 December 1936 on income tax law…