December 2022

Update as of 23 December 2022. Adoption of the Luxembourg Draft Law on the 2023 Budget

Update as of 23 December 2022. Adoption of the Luxembourg Draft Law on the 2023 Budget On 12 October 2022, the Luxembourg Minister of Finance, Yuriko Backes, submitted to the Chamber of Deputies a draft law on Luxembourg’s state budget for 2023, the “Budget.”[1] The Budget contains few measures for the year ahead, most of …

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Unrestricted Access to Transparency Register Violates EU Law

EU, Transparenzregister, GENERAL

Unrestricted Access to Transparency Register Violates EU Law The Court of Justice of the European Union ruled on 22 November 2022 that unrestricted access to information on the beneficial owners of companies under Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention …

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