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 a provision in

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