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Text as of 19 Jun 2024 · Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024 · Same wording as today’s text.Today’s text

Recital 130

Financial crimeLevel 1RegulationAMLRStage: AdoptedOfficial source

In view of the specific structure of certain legal arrangements, and the need to ensure sufficient transparency about their beneficial ownership, such legal arrangements similar to express trusts should be subject to equivalent beneficial ownership requirements as those that apply to express trusts.