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Greece Transposes Fifth Anti-Money Laundering Directive

|Approved Changes|Greece
Greece

The Greek Ministry of Finance has announced the transposition of the Fifth EU Anti-Money Laundering Directive, Directive (EU) 2015/849. One of the key points of the directive is the enhancement of transparency through public access to ultimate beneficial owners (UBO) registers for companies, trusts, and other legal arrangements. Further, requirements are introduced that not only are entities r…

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