Money Laundering Bulletin
EU countries fall short on public UBO registers
BySara Lewis, in Brussels
Long after the 10 January2020 deadline set by the European Union’s (EU) fifth anti-money launderingdirective (5MLD) [1] for
member states to establish public ultimate beneficialownership (UBO) registers, a Transparency International (TI) report [2]
hasalleged widespread non-compliance.