Beneficial ownership registers introduce issues of transparency and privacy
New handbook co-published with STEP provides an in-depth analysis of new legislation
By: Globe Law and Business Ltd
As a result, the implementation of beneficial ownership registers has been delayed in many EU member states and different legislative choices have been made in the various jurisdictions. Since beneficial ownership registers do not only apply to entities incorporated or administered in an EU jurisdiction, but may also extend to foreign entities with some business connection to that jurisdiction, it is essential to master these differences.
Beneficial Ownership Registers: The STEP Handbook for Advisers, edited by Paolo Panico and co-published with STEP, the world's leading organisation for private wealth professionals, provides an in-depth analysis of the beneficial ownership registers legislation in a number of EU jurisdictions as well as in the UK, which pioneered it with the creation of its own 'PSC Register'. It also looks at similar initiatives being experienced in some leading international financial centres as well as in the US.
It includes coverage of:
"Dr Panico and his colleagues present a masterful survey of this difficult subject. The discussion of its history and purposes introduces detailed accounts of its application in several EU countries, the United Kingdom and the United States. The publication will be much welcomed by practitioners dealing with the affairs of international clients."
- Milton Grundy, Gray's Inn Tax Chambers, London
Consulting editor(s): Paolo Panico
Publication date: Aug 2021
For more information about this book