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Transparency Register pursuant to the 4th European Money Laundering Directive

Status of Implementation in Selected EU Member States

June 2018

Among other measures designed to combat money laundering and terrorist financing, the 4th Money Laundering Directive requires the EU member states to set up registers of the ultimate beneficial owners of legal entities. It was left up to the individual member states how to implement the directive, and in doing so, member states have taken different approaches.

In order to give an initial overview, CMS has summarized the regulations in selected member states. Of particular relevance to shareholders are those countries in which direct and indirect shareholders have an active obligation to make any necessary notification.

Transparency Register
Publication
CMS Transparency Register, June 2018
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Authors

Portrait ofPeter Huber
Peter Huber
Partner
Vienna
Portrait ofVincent Dirckx
Vincent Dirckx
Partner
Brussels
Portrait ofHelen Rodwell
Helen Rodwell
Managing Partner
Prague
Portrait ofMartin Kuhn
Dr. Martin Kuhn
Partner
Munich
Portrait ofPietro Cavasola
Pietro Cavasola
Managing Partner
Rome
Portrait ofRémi Czauderna
Rémi Czauderna
Portrait ofMartijn Bie
Martijn van der Bie
Partner
Amsterdam
Portrait ofFrancisco Xavier de Almeida
Francisco Xavier de Almeida
Partner
Lisbon
Portrait ofCarlos Peña
Carlos Peña
Partner
Madrid
Portrait ofDaniel Jenny
Dr Daniel Jenny, LL.M.
Partner
Zurich
Jean-Robert Bousquet
Martin Mendelssohn
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