Luxembourg faces legal claim against public nature of beneficial ownership information

The publication of personal data on the Luxembourg Business Register (LBR) has been legally challenged  by a client of law firm Mishcon de Reya. The first of its kind in Europe, the claim alleges that the indiscriminate and generalised publication, in the public domain, of personal details of individuals connected to family enterprises breaches their fundamental rights to data protection and privacy and exposes them to unnecessary and disproportionate risks. On 23 October 2020 Mishcon de Reya LLP filed a claim with the Luxembourg courts to challenge a decision taken by the Luxembourg ...