The Luxembourg Law of 13 January 2019 provides for the setting-up of a register of beneficial owners of Luxembourg legal entities (Registre des bénéficiaires effectifs or RBE).
All Luxembourg legal entities registered with the Luxembourg Trade and Companies Register are required to provide up to date information on their beneficial owners.
Harneys’ detailed legal update can be found here.
A newly published guidance on the identification of the beneficial owners can be found here.
Relevant legislation and circulars can be found here.