On 22 November 2022, the Court of Justice of the European Union, sitting as the Grand Chamber, rendered a landmark decision on the validity of the Luxembourg provisions of the law of 13 January 2019, establishing the register of beneficial owners and implementing the EU anti-money laundering directives. According to the CJEU, the provision, whereby the information on the beneficial ownership of companies incorporated within the territory of the member states is accessible in all cases to any member of the general public, is invalid.
Author
Antonio Zurera
BrowsingAntonio Zurera joined Baker McKenzie in 2004 and was appointed partner in 2015. He focuses his practice on all aspects related to wealth management. Mr. Zurera has lectured in several conferences, and continues to contribute to economic journals and other publications.