25/01/23

From Global Regulation & Policy

Beneficial Ownership Registers: An Update

On 22 November 2022, the Court of Justice of the European Union (CJEU) declared[i] that the provision of the EU Anti-Money Laundering Directive[ii] (AMLD), whereby Member States must ensure that the information on the beneficial ownership of corporate[iii] entities incorporated within their territory is accessible in all cases to any member of the general public, is invalid.