COURT OF JUSTICE OF THE EU / Money laundering

Court of Justice Advocate General validates EU law on public access to information on beneficial owners of companies

Brussels, 21/01/2022 (Agence Europe)

EU law governing public access to information on beneficial owners of companies is valid, according to Advocate General Giovanni Pitruzzella in his opinion of Thursday 20 January (cases C-37 and 601/20).

For the purposes of combating and preventing money laundering and terrorist financing, Directive 2015/849 requires Member States to keep a register containing information on beneficial owners who control companies and other legal entities incorporated on their territory.

In 2018, some of...