Considering the cross-border component inherent to most Luxembourg transactions, dealmakers must carefully assess the risks of a merger control review even if the national merger thresholds are not met. To shed more certainty on the applicable procedure and timeline, the local M&A market may opt to insert detailed contractual remedies in the M&A documentation.

The law establishing a Register of Beneficial Owners for Luxembourg-registered entities came into force as of 1 March 2019. The beneficial ownership register is based on Article 30 of Directive (EU) 2015/849 of the European Parliament (as amended), and has been established implementing the Directive’s aims to prevent money laundering…