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Transparency European Union Beneficial Owner

Hogan Lovells

Changes in Beneficial Ownership rules under the new EU Anti-Money Laundering Regulation (EU) 2024/1624

Hogan Lovells on

The adoption of the EU Anti Money Laundering Regulation (EU) 2024/1624 (the “AML Regulation") marks a significant advancement in the European Union's efforts to combat money laundering and terrorist financing. Effective from...more

K2 Integrity

The Challenge of Transparency in Preventing Financial Crime: Navigating Financial Integrity in a Changing Risk Landscape

K2 Integrity on

The landscape of financial crimes is constantly evolving, and the concept of transparency is being fundamentally challenged. A dynamic, innovative approach is imperative to preserve and shape the future of financial...more

Conyers

The Future of Beneficial Ownership in Bermuda – Transparency v Privacy

Conyers on

Transparency or privacy – which of these priorities prevails? A ruling on 22 November 2022 by the Court of Justice of the European Union (CJEU) might mean privacy prevails when it comes to the question of whether or not a...more

Walkers

Guernsey Guide: legal, regulatory, transparency and supervisory framework

Walkers on

This briefing explains Guernsey’s adoption of rigorous international tax and regulatory standards, which, in conjunction with its local tax law, make it an ideal location for investment funds and other investment vehicles....more

Walkers

Jersey LLCs – key points for US managers and investors

Walkers on

Limited Liability Companies (“LLC”) are a familiar structuring tool for US managers and investors, and the introduction of the Jersey LLC is part of a strategy by the jurisdiction to increase its appeal to the US market. ...more

A&O Shearman

When transparency clashes with fundamental rights: EU court curbs public access to beneficial owner registers – what does this...

A&O Shearman on

By a decision rendered on 22 November 2022, the European Court of Justice (the Court) invalidates the provision of the anti-money laundering directive (AMLD) whereby the information on the beneficial owners of corporate and...more

Morgan Lewis

No More Public Access to German Transparency Register Due to New European Court of Justice Ruling

Morgan Lewis on

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

Conyers

Court of Justice of the European Union’s Decision on Beneficial Owners

Conyers on

In a judgment handed down on 22 November 2022, the European Court, sitting as the Grand Chamber, held an anti-money-laundering directive to be invalid which required Member States under the Charter of Fundamental Rights of...more

Spirit Legal

Fünf wichtige Hin­weise zum Trans­parenz­re­gister – Unter­nehmen müssen aktiv werden

Spirit Legal on

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

Jones Day

New German Money Laundering Act Establishes Additional Transparency Requirements for Certain Listed Companies, European Capital...

Jones Day on

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

A&O Shearman

New Transparency Register in Germany - Obligations and ‘To Dos’ Pursuant to the New Prevention of Money Laundering Act

A&O Shearman on

On June 26, 2017, the German Prevention of Money Laundering Act (the “Act”) implementing the 4th EU Money Laundering Directive (Directive (EU) 2015/849 of May 20, 2015, the “Directive”) came into effect. The Directive...more

A&O Shearman

Governance & Securities Law Focus: Asia Edition, July 2016

A&O Shearman on

In this newsletter, we provide a snapshot of the principal US, European and selected international governance and securities law developments of interest to Asian corporates and financial institutions. ...more

WilmerHale

An Analysis of the UK’s New Register of Beneficial Owners

WilmerHale on

The New Register - From 6 April 2016, most UK companies, LLPs and Societas Europaea became required to maintain a register of “persons with significant control” (PSCs). A PSC is defined as an individual who ultimately...more

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