European Parliament votes in favour of stronger EU-wide beneficial ownership transparency rules


Madrid, 1 March 2017 - Access Info Europe has welcomed yesterday’s vote by the European Parliament’s Economic and Monetary Affairs and Civil Liberties committees to strengthen beneficial ownership transparency rules across the European Union. The amendments to the EU Anti-Money Laundering Directive agreed by MEPs would mean EU citizens could access registers of beneficial owners of companies and trusts without having to demonstrate a “legitimate interest” something that will make it easier for investigative journalists and anti-corruption watchdogs to track down illegal activity, organised crime, money laundering and large-scale tax evasion. “Only full transparency of beneficial ownership registers across Europe