Financial Crime Financial Crime

EU court bucks transparency trend with ruling against beneficial ownership registers

By Phoebe Seers
  • 22 Nov 2022 16:33
  • 22 Nov 2022 16:33
The EU Court of Justice may have set itself on a collision course with the Financial Action Task Force, after the bloc's top court ruled that beneficial ownership registers mandated by the anti-money laundering directive are in breach of its data privacy rules. 
Today, the Court of Justice ruled that

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Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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