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ECJ Beneficial Owners Ruling Leaves Uncertainty In Its Wake

The European Court of Justice's recent ruling in the WM and Sovim cases, holding that making information on a register of beneficial owners publicly available interferes with the Charter of Fundamental Rights of the EU, has been criticized as a step backward in the fight against money laundering and financing of terrorism, and its impact is not yet clear, say Michael Marschall and Verena Krikler at Schoenherr.
Michael Marschall Luxembourg District Court Verena Krikler
Source: law360.com

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