Of the European countries which intend to implement the Fourth EU Anti-Money Laundering Directive, only Germany, the UK and Denmark met the 26 June 2017 deadline for the introduction of a register containing information about ultimate beneficial owners of companies and enterprises (UBOs). This is one of the findings of a large-scale survey we conducted in the summer of 2017 among law firms in 32 countries. The survey covered the status of the implementation of the UBO register and the filing requirements in all member states of the European Union (EU), the European Economic Area (EEA), as well as Switzerland. We have previously informed you about the status of the UBO register in the Benelux. Click here for more..
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