02 September 2021

E&G Economides LLC contributes to the “STEP Beneficial Ownership Registers” handbook


George Economides has contributed to the “Beneficial Ownership Registers: The STEP Handbook for Advisers” published and released in August 2021. This much-anticipated publication on UBO Registers has been published by Globe Law and Business in association with STEP, under the supervision of Paolo Panico (Chairman of the STEP Europe Region and council member of STEP Worldwide).

Beneficial ownership registers were introduced in the European Union (EU) under the 4th and 5th Anti Money Laundering (AML) Directive, with the ultimate goal of promoting increased transparency in the financial markets.

This publication provides an in-depth analysis of differences between the beneficial ownership registers for companies and those for trusts, which are maintained in many EU member states. relevant legislation in a number of EU jurisdictions, as well as in Cyprus, UK and the US. It also discussed the functioning of beneficial ownership registers in selected EU jurisdictions.

This handbook is the first to comprehensively approach this topic and will benefit private client advisers and family officers whose clients have business interests in the EU.

For details as to how you can get a copy of this handbook, feel free to get in touch with George Economides, partner in the firm.

Latest News

Article: Navigating the Digital Services Act - Innovation and Accountability

Cyprus naturalisation of foreign nationals - Updated process

Launching the One-Stop-Shipping Center: Streamlining Services for Cyprus Shipping

Subscribe to our newsletter

Receive the latest news and events of our group as well as important industry updates.