Welcome to the 6th edition of the DRInsider, the quarterly Newsletter of the Wolf Theiss Dispute Resolution Practice Group. We are happy to once again provide you with interesting news covering...

The disclosure of beneficial owners has come to the fore with the EU Anti-Money Laundering Directive requiring EU member states to adapt their national legal provisions in respect of corporate and legal entities.

Among other measures designed to combat money laundering and terrorist financing, the 4th Money Laundering Directive requires the EU member states to set up registers

Under Article 30 (5) (c) of Directive (EU) 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing...

Can there be too much transparency regarding beneficial owners of companies, other legal persons or trusts? This interesting question was discussed at the CMS Business Breakfast in early March ...

June 2026 – A credit institution operating lawfully within the EU may not refuse to open a basic payment account for an individual solely...

The Czech Act on Ultimate Beneficial Owners1 (the "UBO Act") has been effective since 1 June 2021. Not even a year and a half later, Czech lawmakers introduced an amendment to the UBO...

Die novellierte Geldwäsche-Bestimmung im österreichischen Strafgesetzbuch ("StGB") beruht auf der mittlerweile 6. EU-Richtlinie zur strafrechtlichen Bekämpfung von Geldwäsche...

On 29 June 2022, the Council and the European Parliament reached a provisional agreement on the text regarding the European Commission's proposal for a recast of Regulation...

Od 1. ledna 2017 je v účinnosti novela zákona č. 253/2008 Sb., o některých opatřeních proti legalizaci výnosů z trestné činnosti a financování terorismu...

On 17 December 2014, the European Parliament and the Council reached an agreement on the Fourth Money Laundering Directive. The initial draft dates back more than two years (5 February 2013).

he approach of the EU is clear: AML prevention will be strengthened and AML requirements in the financial sector will rise.

Die FMA veröffentlichte mit Ende des Jahres 2022 im Rahmen ihres Ausblicks auf das folgende Jahr auch ihre Prüfungsschwerpunkte für das Jahr 2023. Die Veröffentlichung der...

Welcome to our to the point newsletter. Every month we look back at the most relevant developments in the area of financial regulation in the CEE region.

Welcome to our to the point newsletter. Every month we look back at the most relevant developments in the area of financial regulation in the CEE region.

Welcome to our to the point newsletter. Every month we look back at the most relevant developments in the area of financial regulation in the CEE region.

Austria has centralised financial sanctions oversight under the Financial Market Authority (FMA), significantly expanding the scope of supervised entities to include all financial market participants.