The inter-institutional (trialogue) negotiations on the revision of the fourth anti-money laundering directive started, at the end of March, with the trickiest dossiers first.
At the first meeting, the question of whether the registers of beneficial owners of trusts and shell companies, which lay at the heart of the Panama Papers scandal, should be made public, was tackled directly and very quickly laid aside. According to our information, after each institution laid out its line of...