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Beneficial ownership registration requirement re-examined by the administrative judiciary

Initially, the UBO Decree mandated that companies, recognized foundations and associations, trusts, and fiduciary mandates based in Italy fulfill their duty to report data and information on ultimate beneficial ownership by...more

Consob sanction proceedings – The Court of Justice on the right to remain silent

Individuals who refuse to provide financial market authorities with answers that may establish their liability and trigger administrative sanctions of criminal nature cannot be punished. In Case C-481/19, on 2 February...more

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