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The changing investment landscape in European Defense and the role of private and public capital

On 1 July 2020, bill of law 7216B setting up a Luxembourg register of fiducies and trusts (the "RFT"), under the supervision of the Administration de l'Enregistrement, des Domaines et de la...

An overview in which our Banking and Finance Practice Group highlights...

With circular 18/698 of 23 August 2018 on (i) the authorisation and organisation of Luxembourg investment fund managers ...

The regulation on anti-money laundering and terrorism financing has not stopped developing over the last two decades, all while enlarging its scope of ...

In the aftermath of the obligation to create a register of beneficial owners as enacted by the Law of 23 January 2019 (the RBO Law)

As 2021 draws to a close, the Luxembourg Financial Intelligence Unit published its annual report for 2020. This newsflash summarises the key findings.

The Anti-Money Laundering Regulation (AMLR) introduces a more structured framework for risk assessment while maintaining the Risk-Based Approach at its core. Enhanced Due Diligence requirements now extend to high-net-worth individuals and residence-by-investment schemes, while Simplified Due Diligence faces stricter conditions. The regulation provides EU-wide clarity on politically exposed persons (PEPs) and establishes harmonised risk factors across member states.

The main source for AML in Luxembourg is the Luxembourg law of 12 November 2004 on the fight against money laundering and terrorist financing, as amended which sets out who is subject to AML regulations and details the applicable professional obligations.

After years of negotiations, the EU Parliament has finally adopted the long-awaited EU regulation on the prevention of the use of the financial system for the purposes...

We will be presenting the new AML-CTF package which has been adopted earlier this year in a series of videos. The current AML-CTF obligations and requirement are mainly set out under an EU directive.