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“Luxembourg accounting law faces overhaul”: CNC chair

08.06.2026 - Delano

In the press

Luxembourg’s accounting standard setter is preparing for a new phase as the country moves towards an overhaul of accounting law, sustainability reporting rules take shape and artificial intelligence begins to reshape corporate reporting.

The Luxembourg Accounting Standards Board (Commission des normes comptables, CNC) is the Grand Duchy’s national accounting standard setter, helping to interpret the country’s accounting law and providing guidance on Lux GAAP.

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