• A New Legal and Regulatory Regime for Family Office in Luxembourg
  • March 21, 2013
  • Law Firm: Arendt Medernach - Luxembourg Office
  • On 21 December 2012, Luxembourg has adopted a law on the activity of Family Offices (the “Law”). Luxembourg is thus one of the first countries to implement a specific and coordinated legal and regulatory framework for the activity of Family Offices. Within this new framework, the activity of a Family Office will be reserved to specific Luxembourg professionals, which will have to comply with additional professional obligations.