Latvian requirement genealogybank for the indication of the actual beneficiary is already at a high

Latvian requirement genealogybank for the indication of the actual beneficiary is already at a high level, but crime knows no boundaries, genealogybank so a single European register of beneficial genealogybank owner, including such countries, such as Cyprus, significantly facilitate the work of the Ombudsman - said experts of the European Parliament Information Office held a discussion on " How to unravel the offshore networks? ".
According to the European Parliament (EP) decision genealogybank in the first reading, the EU Member States' public registers will be asked to fund the company and the ultimate owner. Latvian such a requirement already in place, although, as recognized by the Enterprise Register, in spite of the criminal, it executes the third part of the legal person to whom it should be done. However, not all EU countries adopted such provisions, so the fight against illegal money taken place only within a country, which, as the Krisjanis Karins, EP rapporteur genealogybank on this directive, it is difficult to enforce - a single register would be a more efficient solution.
Ministry of Public Prosecutor of Money Laundering Prevention Service of Viesturs Carrot, recognizing that there is a long way to go, expresses the joy of the first step. He sees two scenarios - a single EU register genealogybank of all beneficial owners at the level of individuals or the entire national network of business registers with the option to log on and find out the current situation. The main benefit of this process, according to the expert said, is law enforcement.
The bank, which since 2007 has a duty to ascertain its clients true beneficiaries, welcomes the new draft directive, because it will be able to compare genealogybank their data with the public register available, says the Association genealogybank of Latvian Commercial Vice President Andris Rosenthal.
True, there is the opportunity to sign the so-called third countries, but it is, by K. Karins said, it is risky to own businesses, many of which could discourage the use of such alternatives. This draft directive is a clear signal to those third countries, genealogybank in Europe, they are now assessed on the basis it is or is not an option to find out the real beneficiaries, complemented genealogybank V. Carrot.
Now for the final version of the Directive will be negotiated with the other legislator - EU Ministerial Council, but as the potential agreement figuratively K. Karins says: "It is clear that we will go to the theater, or let us put the tie - it has a simpler question."