--- title: "Article 54 — Coexistence of ownership interest and control in the ownership structure" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32024R1624" source_retrieved: 2026-09-29 shortTitle: "Article 54 — Coexistence of ownership interest and control in the ownership structure" instrument_type: level1_regulation authority: Commission binding: true binding_character: binding mica_level2: false legal_basis: "Regulation (EU) 2024/1624" instrument: amlr celex: "32024R1624" regulation: AMLR regulation-full: "Regulation (EU) 2024/1624" article: 54 status: in_force object_id: eu.amlr.legal_text.article.54 text_version: "Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024" source_url: "https://eur-lex.europa.eu/eli/reg/2024/1624/oj/eng" check_status: matched verified: true last_checked: 2026-10-26 --- *In force · applies from 10 Jul 2027 · Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg/2024/1624/oj/eng)* Where corporate entities are owned through a multi-layered ownership structure, and in one or more chains of that structure the ownership interest and the control coexist in relation to different layers of the chain, the beneficial owners shall be: **(a)** the natural persons who control, directly or indirectly, through ownership interest or via other means, legal entities that have a direct ownership interest in the corporate entity, whether individually or cumulatively; **(b)** the natural persons who, whether individually or cumulatively, directly or indirectly, have an ownership interest in the corporate entity that controls, through ownership interest or via other means, the corporate entity, directly or indirectly. *** [Chapter IV — Beneficial ownership transparency](../chapters/iv.md) · [← Article 53](53.md) · [Article 55 →](55.md)