The Luxembourg law of 13 January 2019 creating a Register of
beneficial owners ("RBO Law") entered
into force on 1 March 2019.
By the end of the six-month transitional period provided in the
RBO Law, i.e. by the end of August 2019, all in-scope Luxembourg
entities (e.g. commercial companies, special limited partnerships,
investment funds, including common funds, not-for-profit
associations and foundations) will have to be compliant with the
provisions of the RBO Law.
In-scope entities must have provided the Register of beneficial
owners ("RBO") with relevant information
on their ultimate beneficial owner(s). They will also have to keep
this information together with supporting documents at their
registered office. That information needs to be adequate, accurate
and current.
