Disclosure of Beneficial Ownership in 2021 — General EU Perspective (International Insight)

The full-length alert is available for download with the footnotes here.

As evidenced in our previous Client Alert of this series, the beneficial ownership topic has gained further significant momentum in the last months and culminated with the G7 countries commitment to establish and strengthen beneficial ownership registers and their call for a global implementation of the Financial Action Task Force (FATF) standards.

This alert is the second of a series prepared by Curtis, Mallet-Prevost, Colt & Mosle LLP discussing the FATF standards, the US and the EU recent legislation on beneficial ownership, as well as the actions that affected entities should take to comply with the new requirements.