EU Parliament strengthens EU’s toolkit to fight ML/TF, providing interested parties with direct access to beneficial ownership on EU registersretative Note

EU Parliament strengthens EU’s toolkit to fight ML/TF – the news laws will have immediate, unfiltered, direct and free access to beneficial ownership information held in national registries and interconnected at EU level. The registries will also include data going back at least five years. The laws also give FIUs more powers to analyse and detect…