EU: 5th EU Anti-Money Laundering Directive published. AKA EU will know anything about you!

[VincentS]

void said:
That's why crypto is so important. We shouldn't see it as a salvation but it's powerful and important tool to fight against the slavery. bulls**t talks about no underlying value are not good for anything - the value itself is in trust of people in something that cannot be controlled (doesn't mean criminalized) by states and governments.
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Yeah... the same underlying value of fiat money.

 

[hernanday]

gridline said:
"grants access to the general public to beneficial ownership information of EU based companies"

Does this mean, that if i own a company on Cyprus, with nominee direction and shareholders, that it will be possible for people to look up that I am the owner?

If so, is there anything I can do now to prevent this?
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Yes.
No.
B/c you must disclose you are the beneficial owner, they are trying to make it public what you own, which is TERRIBLE!