European Court of Justice: public access to the UBO registry – a serious interference with the fundamental rights to respect for private life and to the protection of personal data

In a preliminary ruling of extreme significance on 22 November 2022, the European Court of Justice (the “Court”) has rendered the provision of the Anti-money laundering directive (the “AML Directive”) providing for beneficial ownership information on the UBO registers to be made available to the public, invalid. In particular, the Court has ruled that the […]