UBO in Europe: Comprehensive Guide to Anti-Money Laundering Regulations

Stay ahead of the game and effectively combat financial-economic crime with our newly released publication, "UBO in Europe." As of January 10, 2020, the UBO register has been implemented in the Netherlands, contributing to the governments' efforts to tackle financial-economic criminal activities. This English-language guide provides invaluable insight into the definition and implementation of UBO regulations across European countries.

According to the fourth EU Anti-Money Laundering Directive, each member state is required to establish a national UBO register. This register identifies the ultimate beneficial owners (UBOs) of businesses, playing a vital role in the fight against financial-economic crime. "UBO in Europe" offers a comprehensive overview of UBO definitions and implementation processes within each European member state.

In the creation of this publication, we collaborated with renowned local law firms in each member state. This partnership ensures an up-to-date analysis of the legal landscape and highlights the differences within Europe as of July 1, 2019. The publication provides clear guidelines on UBO identification both within and outside of the Netherlands.

Designed for professionals in the banking, legal, tax advisory, and other WWFT-related industries, "UBO in Europe" is a go-to resource for those seeking clarity on UBO legislation across international borders. International businesses will also benefit from the practical insights provided, enabling them to comply with UBO registration requirements in each relevant member state.

Written in English, this publication includes relevant legal texts, where available, in the English language. Stay informed and navigate the intricate world of UBO regulations with "UBO in Europe," your vital reference for understanding UBO legislation beyond the Dutch jurisdiction.