Luxembourg: Export Controls & Trade & Investment Sanctions

The Anti-Money Laundering Regulation introduces significant changes to Customer Due Diligence requirements, expanding trigger events and deepening information obligations. Organizations must understand these new compliance measures, including lower transaction thresholds, enhanced sanctions screening, and stricter reporting requirements before the July 2027 implementation deadline.

Since February 2022, the EU has adopted six packages of sanctions in response to Russia's invasion of Ukraine. The EU has also adopted sanctions against Belarus in response to its involvement.