By Maya Lester KC & Michael O’Kane

New Luxembourg law allows implementation & enforcement of UN & EU sanctions

Luxembourg has published in its Official Journal the Law of 19 December 2020, which entered into force on 27 December 2020, which allows Luxembourg to implement financial sanctions measures adopted by the UN and the EU, including asset freezing measures, prohibitions on certain financial activities and providing financial services to designated people, entities or groups. Under the legislation, the Luxembourgish …

About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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