Today’s European Court of Justice (@EUCourtPress) judgement on public access to beneficial ownership information is significant, and our team is analysing it closely:
Here’s our take on what it’s about and why it matters:
At the centre of the case is a fundamental question: is the infringement on privacy brought about by giving the general public access to beneficial ownership (BO) information justified and proportionate in order to achieve the stated policy aim?
The Court has ruled that in the case of the EU 5th anti-money laundering directive (5AMLD), which requires Member States to have publicly accessible beneficial ownership registers, ...