Executive summaryLuxembourg has enacted the Law of 18 June 2020 (the Law) again amending the amended Common Reporting Standard (CRS) Law of 18 December 2015 and the amended Foreign Account Tax Compliance Act (FATCA) Law of 24 July 2015. The Draft Law submitted to Parliament by the Luxembourg Government on 20 February 2020 (see EY Global Tax Alert, Luxembourg issues Draft law amending CRS and FATCA laws, dated 12 March 2020) has been adopted, essentially unchanged.The Law introduces new obligations for Luxembourg Reporting Financial Institutions (RFIs) with respect to CRS and FATCA policies, controls, procedures and IT systems, registers of the actions undertaken and...