ARTICLE
2 February 2023

Access To The RBO Restored For Registered Entities

LS
Luther S.A.
Contributor
Leading business law firm Luther was established in Luxembourg in 2010. The firm’s multilingual professionals advise domestic and international clients across numerous practice areas, particularly Corporate/M&A, Banking and Finance, Dispute Resolution, Investment Management, Employment, and Real Estate. Our clients, ranging from multinational corporations, investment funds, financial institutions to private equity firms, have placed their trust in our interdisciplinary legal advice that aims to hit the mark. Luther employs over 420 lawyers and tax advisors and is present in ten German economic centers and has ten international offices in European and Asian financial centers.
After the temporary general suspension of access decided on 22 November 2022 by the Luxembourg Business Registers (the "LBR"), as administrator of the Luxembourg Register of Beneficial Owners (the "RBO")..
Luxembourg Corporate/Commercial Law
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After the temporary general suspension of access decided on 22 November 2022 by the Luxembourg Business Registers (the "LBR"), as administrator of the Luxembourg Register of Beneficial Owners (the "RBO"), in concertation with the Luxembourg Ministry of Justice, further to the judgment rendered on that date by the Court of Justice of the European Union and the restoration of the access to the RBO in favour of certain professionals, the LBR announced on its website today that a new procedure has been adopted so as to allow registered entities to access their own data.

According to the LBR, such access will be secured by the allocation of a confidential code which will be sent by mail individually to the registered entities at the address of their registered office (for the Luxembourg branches of foreign companies we assume that such mail will be sent at their address in Luxembourg and not at the address of their head office).

More details on the applicable procedure can be found (in French only) here. You will find below and for information purposes only a free translation of such details.

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Our publication regarding the judgment rendered on 22 November 2022 by the Court of Justice of the European Union can be found here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
2 February 2023

Access To The RBO Restored For Registered Entities

Luxembourg Corporate/Commercial Law
Contributor
Leading business law firm Luther was established in Luxembourg in 2010. The firm’s multilingual professionals advise domestic and international clients across numerous practice areas, particularly Corporate/M&A, Banking and Finance, Dispute Resolution, Investment Management, Employment, and Real Estate. Our clients, ranging from multinational corporations, investment funds, financial institutions to private equity firms, have placed their trust in our interdisciplinary legal advice that aims to hit the mark. Luther employs over 420 lawyers and tax advisors and is present in ten German economic centers and has ten international offices in European and Asian financial centers.
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