The European Court of Justice in a recent judgment nullified a key provision in the 2018 version of the EU Money Laundering Directive requiring that information regarding beneficial owners registered in the European national...more
Seit dem 01. August 2021 gibt es neue Pflichten für Unternehmen im Zusammenhang mit dem Transparenzregister. Das hat für viele Unternehmen zur Folge, dass eine bislang entbehrliche Eintragung der wirtschaftlichen Berechtigten...more
The recent reform of the German transparency register affects almost all companies in Germany and greatly expands the reporting obligations for German entities. The Transparency Register and Financial Information Act...more
On 25 June 2017, the new German Money Laundering Act came into force, which primarily implements the 4th European Anti-Money-Laundering Directive (EU 2015/849) into German law. Among others, the Act establishes a new...more
Highlights - - Implementation of a public Transparency Register on beneficial ownership of legal entities. - Notification obligation applies to incorporated companies and certain other legal entities and arrangements;...more