Anti-Money Laundering Regulation
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Table of Contents
Chapter I – General provisions
Chapter II – Internal policies, procedures and controls of obliged entities
Chapter III – Customer due diligence
Chapter IV – Beneficial ownership transparency
Chapter V – Reporting obligations
Chapter VI – Information sharing
Chapter VII – Data protection and record retention
Chapter VIII – Measures to mitigate risks deriving from anonymous instruments
Chapter IX – Final provisions
Recitals (175)
Annexes
Chapter IV – Beneficial ownership transparency
Article 51
Identification of beneficial owners for legal entities
Beneficial owners of legal entities shall be the natural persons who:
(a) have, directly or indirectly, an ownership interest in the corporate entity; or
(b) control, directly or indirectly, the corporate or other legal entity, through ownership interest or via other means.
Control via other means as referred to in the first paragraph, point (b), shall be identified independently of and in parallel to the existence of an ownership interest or control through ownership interest.