EU Parliament Approves New Anti-Money Laundering Rules including Central Registers for Beneficial Ownership

On 20 may 2015 the European Parliament approved a new anti-money laundering directive that had been adopted by the Council of the European Union on 20 April 2015 {News-2015-04-21/A/2- (previous coverage)}. The directive as approved includes the requirement that all EU Member States maintain a central register of Information on beneficial ownership of corporate and other legal entities, as well …
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