News & Analysis as of

Beneficial Owner Germany

McDermott Will & Schulte

Economic Ownership of Shares Transferred as Collateral

Dividends from shares are taxable for shareholders, even if the dividends do not remain with them economically. This (not entirely new) finding can be gleaned from a recent Federal Fiscal Court (BFH) ruling in which the...more

WilmerHale

The New German Government’s Agenda on Compliance

WilmerHale on

On May 5, 2025, the Christian Democratic Union of Germany (CDU) and the Christian Social Union (CSU) entered into a coalition agreement (Coalition Agreement) with the Social Democratic Party of Germany (SPD) (together with...more

McDermott Will & Schulte

Update zum US-Transparenzregister

Handlungsbedarf für Unternehmen bis Jahresende - Nachdem das Transparenzregister in Deutschland und Europa inzwischen seit einigen Jahren existiert und dessen Meldepflichten in der Praxis umfassend beachtet werden, gibt...more

McDermott Will & Schulte

Von Zahlungsdienstleistern bis zu Profifußballvereinen: Neue EU-Vorschriften zur Bekämpfung von Geldwäsche verabschiedet

Das Europäische Parlament hat am 24. April 2024 ein neues Gesetzespaket zur Geldwäschebekämpfung verabschiedet, welches das Instrumentarium der EU zur Bekämpfung von Geldwäsche und Terrorismusfinanzierung stärken soll....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

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

Morgan Lewis

New German Financial Law Expands Reporting Obligations for German Entities

Morgan Lewis on

The recent reform of the German transparency register affects almost all companies in Germany and greatly expands the reporting obligations for German entities. The Transparency Register and Financial Information Act...more

White & Case LLP

Understanding Tax: EU tax challenges for cross border investing and financing

White & Case LLP on

This article is produced by our European Tax team, which is part of our global Tax practice. Our series, "Understanding Tax", explores commercially relevant and recent changes to the international tax environment. The last...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

McDermott Will & Schulte

New Obligations for German Transparency Register Now in Force

McDermott Will & Schulte on

A core element of the new German Anti-Money Laundering Act (Geldwäschegesetz), which came into force on 26 June 2017, is the implementation of a transparency register in which beneficial owners of almost all companies, trusts...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

Jones Day

New German Money Laundering Act Introduces Beneficial Ownership Register (Transparenzregister)

Jones Day on

The Background: As part of the implementation of the European Anti-Money Laundering Directive (EU Directive 2015/849), a new German Money Laundering Act has come into effect....more

Morrison & Foerster LLP

Germany capital market and corporate law update: The new Transparency Register is online – what you need to know

The revised Anti-Money Laundering Law (law on tracing profits from serious criminal activities (Geldwäschegesetz – GwG)) will provide for the introduction of an electronic transparency register as of October 1, 2017. There,...more

Morrison & Foerster LLP

Update Kapitalmarkt- und Gesellschaftsrecht: Das neue Transparenzregister ist online – was Sie wissen müssen

Das neugefasste Geldwäschegesetz (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten – GwG) sieht zum 1. Oktober 2017 die Einführung eines elektronischen Transparenzregisters vor. Dort sind Informationen zu den...more

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