Pushing for beneficial ownership transparency in Europe

2018-11-13T10:03:20+01:00

[Article first published by the UNCAC Coalition Blog] Andreas Pavlou, RTI Campaigner and Researcher   Madrid, 11 April 2017 - Earlier this year, the European Parliament’s Economic and Monetary Affairs and Civil Liberties committees voted to strengthen beneficial ownership transparency rules across the European Union as part of the current revision to the 4th EU Anti-Money Laundering Directive. The proposed changes, if adopted in plenary, would mean EU citizens could access registers of beneficial owners of companies and trusts without having to demonstrate a “legitimate interest”, as is currently the case. This is something that will make it