Register of Real Owners in Accordance with the 5th AML Directive

21
February 2019

Although the obligation to know and record the real owners of legal entities was introduced into Czech law as of 1 January 2018, there is now new regulation on the identification and maintenance of data regarding the real owners. These changes are brought by EU Directive No. 2018/843 amending the EU Directive 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing, which is generally known as the so-called 5th AML Directive (hereinafter referred to as "the Directive").

More at:

https://www.epravo.cz/top/clanky/evidence-skutecnych-majitelu-ve-svetle-5-aml-smernice-108880.html

 

Mgr. David Kučera, senior attorney

e-mail: david.kucera@chsh.cz

Mgr. Aneta Průšová