Italian trusts are subject to EU money laundering disclosure rules, court says
( May 21, 2026, 08:22 GMT | Official Statement) -- MLex Summary: Italian trust mandates administered by trust companies are subject to EU anti-money laundering beneficial ownership disclosure rules, the EU Court of Justice has said, clarifying the scope of “similar legal arrangements” under the bloc’s transparency regime. The court said Italian fiduciary arrangements fall within the rules even without a transfer of ownership, and that access to ownership data for people with a legitimate interest is compatible with EU fundamental rights.Press release attached. Judgment attached (in French). Case reference is C-684/24. ...
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