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Beneficial Owner Member State Anti-Money Laundering

A&O Shearman

Luxembourg adapts its RCS and RBE legislations after CJEU ruling

A&O Shearman on

The Luxembourg Parliament recently enacted a law reforming the Trade and Companies Register (RCS) and the Register of Beneficial Owners (RBE) laws. This reform is a direct response to the decision of the Court of Justice of...more

Conyers

Court of Justice of the European Union’s Decision on Beneficial Owners

Conyers on

In a judgment handed down on 22 November 2022, the European Court, sitting as the Grand Chamber, held an anti-money-laundering directive to be invalid which required Member States under the Charter of Fundamental Rights of...more

WilmerHale

UK House of Lords rejects public beneficial ownership registers for British Overseas Territories

WilmerHale on

On 17 January 2018, the House of Lords voted against an amendment to the proposed Sanctions and Anti-Money Laundering Bill that sought to create a publicly accessible register of the beneficial ownership of companies...more

Cooley LLP

Blog: 4AMLD & 5AMLD: progress update from the European Council on its action against money laundering

Cooley LLP on

The European Economic & Financial Affairs Council met on 8 November to discuss (eg) the European Commission’s action plan against money laundering and terrorist financing activity. The focus was on the proposed 5th Anti-money...more

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