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Luxembourg partly restores access to public of its BO register

08 Dec 2022

On 6 December 2022, the Luxembourg’s Ministry of Justice issued a press release advising that access to Luxembourg’s Beneficial Ownership (BO) register has been restored for a number of professionals, following the European Court of Justice (ECJ) ruling on the BO registers decision, that open public access to the BO registers of EU member state companies is no longer permitted.

Access to the BO register will also be reinstated in the coming days to representatives of the press who have a legitimate interest in being able to consult the register of beneficial owners as part of their journalistic research. Access for national journalists will be managed by the Luxembourg Press Council within the framework of an agreement with the Luxembourg Business Registers (LBR). Access will be restored in principle within the same period for professionals, as defined in the 2004 law (here) on the fight against money laundering and the financing of terrorism.

Finally, access will also be restored at a later stage for other professionals having a legitimate interest and presenting a link with the fight against money laundering and the financing of terrorism.

The Luxembourg authorities emphasise that, throughout this time, the competent national authorities have continued and continue to benefit from dedicated access via an intranet portal, enabling them to carry out the tasks incumbent upon them in the fight against money laundering and the financing of terrorism.

The official press release (in French) can be found here.