European Parliament moves forward on Transparency of Company Ownership
Helen Darbishire2018-11-13T10:12:09+01:00Madrid, 21 February 2014 – In an important move with widespread implications for the defence of human rights and the fight against corruption, the European Parliament moved a step closer towards a legal obligation for companies to disclose their real or “beneficial” owners on 20 February 2014. The progress came in the form of a vote in favour of beneficial ownership transparency by Parliamentarians in the Economic and Monetary Affairs Committee (ECON) and the Civil Liberties, Justice and Home Affairs Committee (LIBE). The Parliamentarians voted that the future EU Anti-Money Laundering Directive should require mandatory public registries of the beneficial