Luxembourg: Constitutional & Administrative Law

The European Union's newly adopted anti-money laundering and counter-terrorist financing package represents a significant evolution in financial crime prevention, introducing a harmonised rulebook that expands the range of entities required to comply with AML/CTF obligations. This comprehensive analysis examines how the Package transforms the regulatory landscape for obliged entities across EU member states, comparing the new requirements against both the previous EU directive framework and existing domesti

The EU Anti-Money Laundering Regulation introduces a harmonised regulatory framework across the European Union, bringing significant changes to Customer Due Diligence requirements and risk-based approaches. Organizations will need to review their compliance frameworks to meet new obligations on customer identification, beneficial ownership, sanctions screening, and risk assessment ahead of implementation.

The CRD VI Act pursues a dual objective: on the one hand, transposing CRD VI itself and, on the other, transposing Directive (EU) 2024/2994 and implementing Regulation (EU) 2024/2987, relating to the EMIR 3 package.

On 1 September 2023, a bill of law implementing directive 2022/2557 on the resilience of critical entities (the "Bill of Law") was filed with the Parliament.

When taxpayers decide to file their request through regular mail, they must therefore organize themselves in such a way that the document containing the request is effectively delivered to the Tribunal's clerk before the relevant deadline.

The new Constitution of Luxembourg entered into force on 1 July 2023. The complete text (in French) is available here. For more information on this subject, please read here.

Since the UK's withdrawal from the EU on 31 January 2020, in accordance with the Withdrawal Agreement concluded between the UK and the EU ...

Since the UK's withdrawal from the EU on 31 January 2020, in accordance with the Withdrawal Agreement concluded between the UK and the EU to ensure an orderly departure and legal certainty,

Under the transition period as foreseen by the Withdrawal Agreement, UK nationals may continue to reside in the EU without additional measures until 31 December 2020.