How did the ECJ balance the rights to privacy and data protection against transparency of Ultimate Beneficial Owners registries in WM and Sovim SA v Luxembourg Business Registers? While the eyes of the world are on the FIFA World Cup in Qatar, the highest referee in the European Union (EU) – the Court of Justice of the EU (ECJ), sitting as the Grand Chamber – ruled in favour of privacy and data protection of the ultimate beneficial owners (UBO) of corporate entities, whose fundamental rights were infringed by one of the provisions of the EU secondary law … (more)
[Magdalena Brewczynska, European Law Blog, 15 December 2022]
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