Register of Beneficial Owners
17 January 2019
The draft law No. 7217 implementing new transparency measures provided for by Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and setting-up the central register of beneficial owners of Luxembourg legal entities under the authority of the Minister of Justice has been passed by the Law of 13 January 2019 establishing a register of beneficial owners.
The law comes into force on March 1st, 2019 and Luxembourg legal entities will have a six-month period from entry into force of this law to comply with its provisions.
Please find hier the link of the Law published at the Memorial A.