Business

Ian Guider: Limiting scrutiny of who owns what assets is a victory for vested interests

Restricting the ability to access the Register of Beneficial Ownership is a blow for transparency and a win for lobbyists

The ECJ held that the principle of open access to information by any individual was invalid, as it breached the right to privacy and protection of personal data

So much for openness, limiting the ability of crooks, conmen and terrorists to launder cash and ensure companies are paying tax where they should.

Last month, the European Court of Justice (ECJ) delivered a blow to those seeking greater levels of scrutiny of who owns what assets with a ruling that severely limits the ability of the public to find out who is behind corporate entities. It is a blow for transparency and a victory ...