€1.50
THURSDAY 1 DECEMBER 2022 • ISSUE 183
WWW.BUSINESSTODAY.COM.MT
INTERVIEW PAGE 5
PAGE 2
PAGE 3
PAGE 3
Malta shuts door to
BO registry as EU
Court invalidates rules
Promoting AI
while safeguarding
users
Brussels green-
lights 122 million
agricultural funds
for Malta
HSBC Malta direct
shareholding
transferred to HSBC
Continental Europe
MATTHEW VELLA
THE Malta Business Registry is limit-
ing access to the register of beneficial
owners to competent authorities and
subject persons only, just days after the
European Court of Justice invalidated
anti-money laundering rules that al-
lowed public access to the so-called BO
registry. e MBR, Malta's company
registrar, said subject persons can apply
for beneficial access to request that their
identity as owners of a company – as
UBOs – is not publicly available to the
public.
On 22 November, the ECJ ruled that the
provisions in Directive (EU) 2015/849
which granted public access to Registers
of Beneficial Owners to legal entities,
were invalid, in a blow to transparency
campaigners.
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Name: 5.5% MIH PLC
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