Luxembourg has published the Law of 10 July 2020 to transpose Article 31 of the fourth Anti-Money Laundering Directive (Directive 2015/849) regarding the establishment of a beneficial ownership register for fiduciary arrangements and trusts. The Law is effective from 17 July 2020 and provides that information on the beneficial owners, fiduciaries, and trustees of fiduciary arrangements and trusts needs to be collected and maintained by the fiduciaries and trustees and kept in a register admi…