Luxembourg extends deadline for beneficial ownership registration

Pedro Gonçalves
clock • 1 min read

Luxembourg has postponed the deadline for registration of company beneficial ownership from 31 August to 30 November 2019 as more than 129,000 companies failed to say who their beneficial owners are. The register, which forms part of a raft of EU measures to combat money laundering, entered into operation in Luxembourg on 1 March 2019. A week before the initial deadline, 61% of Luxembourg entities  - equivalent to more than 129,000 - had yet to complete their paperwork for registration. ...

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