Update | UBO Registry | AML EU Directive

The European Parliament has passed the fourth Anti-Money Laundering Directive, according to which all member states are required to keep central registers of company ownership, which should be accessible to the authorities and the public who should demonstrate legitimate interest in gaining such access.

EU member states have to transpose this Directive into national laws within the next two years.

For more information, you may refer to our related article: UBO Registry – AML EU Directive.

If you require legal advice, you can get in touch with our team.