Money Laundering Bulletin
Delayed effect – beneficial ownership registers in the EU
European Union member states are draggingtheir feet implementing the Fourth Money Laundering Directive’s beneficial
ownership rules. Only five countries met the 26 June 2017 deadline for having
an ultimate beneficial ownership (UBO) register under national law – Britain,
Denmark, France, Germany and Sweden - according to the European
Commission. What of the rest? asks
Sara
Lewis
.