As previously reported, the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (the “2019 Regulations”) were signed on 22 March 2019.

They revoke the existing European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016 (the “2016 Regulations”), which required corporate entities to keep information relating to their beneficial ownership on an internal register.  This requirement continues under the 2019 Regulations, along with significant new rules about beneficial ownership information being kept in a central register and made available to the public, State authorities and financial institutions.

View our detailed briefing on the topic here or click on the image below.

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