News & Analysis as of

Beneficial Owner Luxembourg

A&O Shearman

Luxembourg adapts its RCS and RBE legislations after CJEU ruling

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The Luxembourg Parliament recently enacted a law reforming the Trade and Companies Register (RCS) and the Register of Beneficial Owners (RBE) laws. This reform is a direct response to the decision of the Court of Justice of...more

A&O Shearman

Luxembourg case law briefing – corporate law highlights

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We are very pleased to present our second Luxembourg corporate law focused case law briefing. - In this second edition, we have focused on those decisions published in 2020 and 2021 which we have identified as the...more

A&O Shearman

Recent amendments to the Luxembourg AML/CTF legal framework

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Make sure that your policies and procedures are up-to-date. A series of amendments were introduced into the amended act of 12 November 2004 on the fight against money laundering and terrorist financing (the AML Act 2004)...more

Hogan Lovells

Luxembourg Fiduciary Contracts and Trusts Register: Time to get prepared

Hogan Lovells on

The Luxembourg law of 10 July 2020 (the "Trust Register Law") establishing a Luxembourg Register of fiduciary contracts and trusts (the "Trust Register") will enter into force on 17 July 2020. ...more

Akin Gump Strauss Hauer & Feld LLP

Luxembourg to Deny Deductions on Payments to EU Blacklisted Jurisdictions

- As of January 1, 2021, Luxembourg is set to disallow otherwise tax deductible interest or royalty expense for payments made to entities resident in EU blacklisted jurisdictions that qualify as a beneficial owner “related”...more

A&O Shearman

Register of beneficial owners: make sure you are ready by 31 August 2019

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As indicated in our previous e-alert? the Luxembourg register of beneficial owners (the Luxembourg RBE) will go live on 1 September 2019. If you are the director or manager of an entity registered with the Luxembourg trade...more

A&O Shearman

Clarifications on the Operating Conditions of the Register of Beneficial Owners

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The Grand Ducal regulation specifying certain practical requirements under the act establishing the register of beneficial owners (registre des bénéficiaires effectifs) (the RBE) was adopted on 15 February 2019 (the...more

A&O Shearman

The act on the register of beneficial owners has just been published

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The long awaited Luxembourg act of 13 January 2019 pertaining to the register of beneficial owners (the Act) has just been published in the Official Journal on 15 January 2019. It will enter into force on 1st March 2019....more

Goodwin

Luxembourg Register of Beneficial Owners

Goodwin on

The European Union's Directive 2015/849, better known as the 4th Anti-Money Laundering Directive, regulates prevention of the use of the financial system for the purposes of money laundering or terrorist financing. As such,...more

A&O Shearman

Latest developments on the implementation in Luxembourg of the provisions of the fourth AML directive pertaining to the registers...

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Since our e-alert of 15 February 2018, the last three pieces of legislation aimed at formally transposing the fourth anti-money laundering directive (AMLD IV) in Luxembourg have been amended in the course of the legislative...more

A&O Shearman

Latest developments on the implementation in Luxembourg of the provisions of the fourth AML directive

A&O Shearman on

Since our e-alert of 15 February 2018, the last three pieces of legislation aimed at formally transposing the fourth anti-money laundering directive;(AMLD IV) in Luxembourg have been amended in the course of the legislative...more

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