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COVID-19 Luxembourg Update: Exceptional Measures Applicable to Companies Ends

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In the context of COVID-19 and in order to comply with the applicable travel and social distancing restrictions, the Luxembourg law of 23 September 2020 allowed the holding of general and management bodies meetings of companies without the need for a physical presence in the Grand Duchy of Luxembourg, notwithstanding any provision to the contrary in the articles of association or where the articles of association did not provide for this possibility.

Luxembourg: Important Clarification for AIFs Regarding Appointment of RR / RC

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On 12 October 2022, Luxembourg’s Registration Duty, Estate and VAT Authority, the Administration de l’enregistrement, des domaines et de la TVA (“AED”) confirmed that unregulated alternative investment funds (“AIFs”) subject to its AML / CFT supervision are legally required to appoint two individuals responsible for AML / CFT.

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