The Cyprus House of Representative approved on 18 February 2021 the Prevention and Suppression of Money Laundering and Terrorist Financing (Amendment) Law of 2021, which provides for the implementation of the 5th EU Anti-Money Laundering (AML) Directive. One of the key aspects of the 5th EU AML Directive is the expanded scope of required beneficial ownership registers and available access, including:
- The Companies' Register, which will be open to the public with relevant specified informatio…