On 4 January 2018, the European Commission announced the entry into force of rules on access to beneficial ownership information in the EU. --- Entry into force of new rules to prevent tax evasion and money laundering The Commission has welcomed the entry into force of new rules obliging Member States to give tax authorities access to data collected under anti-money laundering legislation. As of 1 January 2018, national tax authorities will have direct access to information on the beneficial owners of companies, trusts and other entities, as well as customer due diligence records of companies. The new arrangements should...