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> Hiding behind multiple layers of ownership of companies won’t work any more.

Didn't they literally last week make a law to make this harder?



No, they have not made a new law last week, but one of the highest courts has decided that this data should not be public (as the regulations stand, especially in relation to the GDPR). Nothing prevents the European Union institutions from updating the regulations on the subject.

...and this is what they seem to suggest in this paragraph, which is a clear reminder of this event:

> Member states should ensure that any natural or legal person that can demonstrate a legitimate interest has access to information held in the beneficial ownership registers, and such persons should include those journalists and civil society organisations that are connected with the prevention and combating of money laundering and terrorist financing.


Reference:

No longer possible for the public to learn who owns a EU company https://news.ycombinator.com/item?id=33836543




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