European court rules against EU on beneficial ownership
The top European court has struck down a European Union mandate for public registers of beneficial ownership of all companies. In a decision which could stall global efforts to force countries to have...
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EU court orders company ownership register to be closed to the public - DutchNews.nl
The Dutch finance ministry has told the Chamber of Commerce to close off a register which allows people to find out who owns companies to outsiders, following a European court ruling. The Ubo register holds information about who the ‘ultimate beneficial owner’ of a company or trust is, but...
www.dutchnews.nl
High Court in Luxembourg decided that having public (U)BO access goes against the privacy of the individuals, and therefore (some) countries have already cancelled the public data disclosure.