The Grand-Ducal Regulation of 15 February 2019 on the registration, payment of administrative fees and access to information recorded in the register of beneficial owners (the “RBE Regulation”) entered into force on 1 March 2019
The law dated 13 January 2019, on the Register of Beneficial Owners (the “Law”), entered into force on 1 March 2019. The Luxembourg regulation of 15 February 2019 and the circular LBR (Luxembourg Business Registers) 19/01 of 25 February 2019 bring some answers to the questions the implementation of the Law raised.
On 26 February 2019, the Court of Justice of the European Union (“CJEU”) issued its decisions in six cases which deal with the interpretation of the Parent-Subsidiary Directive (“PSD”) and the Interest & Royalties Directive (“IRD”, together the “Directives”).
Dans nos précédents cahiers de MNKS (qui deviennent désormais les cahiers de PwC Legal) consacrés aux conventions d’actionnaires[1], nous avons brièvement présenté les principales clauses destinées à restreindre la cessibilité des titres d’une société,
On December 18, 2018 the Luxembourg Parliament adopted Draft Bill of Law n° 7217 providing for the establishment of a Register of Beneficial Owners to be named “RBE”
On 18 December 2018, the bill of law 7217 setting up a register of BOs of Luxembourg legal entities (the so-called “RBE”) has been passed in Parliament.
Yesterday, the Luxembourg Parliament adopted the law creating a central register of beneficial owners of companies and legal entities (the “Law”). This alert summarises future obligations to be met, potential penalties in case of non- compliance and how we can assist you.
In our previous « MNKS booklet » dedicated to shareholders’ agreements[1], we briefly described the main contractual and statutory clauses that are designed to restrict the transferability of shares of a company, to ensure the maintenance of the structure of the share capital and to organise the withdrawal in whole or in part of some of the company’s shareholders in certain circumstances.
On September 14th 2018, the Law of August 31st 2018 (hereafter the “Law”) was published in the Luxembourg Memorial A. The Law entered into force on September 18th2018 allowing the use of the "SIS" sign by companies authorised as societal impact companies,
The Luxembourg private wealth management company (hereafter: SPF – société de gestion de patrimoine familial), governed by the Law of 11 May 2007, is a private wealth management vehicle which enables individuals to structure their estate in a simple, flexible, unregulated and tax-efficient manner
