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NGOs Want Beneficial Ownership Registries in Open Data Directive

|Proposed Changes|European Union
European Union

Nongovernmental organizations are pushing for the inclusion of registries for ultimate beneficial ownership (UBO) in the EU open data directive. The way things stand currently there are several discrepancies in the transparency of UBO registries established under the fifth anti-money-laundering directive.

For example, the Luxembourg registry allows research only on individual companies, in Bel…

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