Source: OJ L, 2024/1624, 19.6.2024
Current language: EN
- Anti-money laundering
Basic legislative acts
- Anti-money laundering regulation (AMLR)
Article 61 Identification of beneficial owners of collective investment undertakings
By way of derogation from Article 51, first paragraph and Article 58(1), the beneficial ownersmeans any natural person who ultimately owns or controls a legal entity or an express trust or similar legal arrangement; of collective investment undertakings shall be the natural persons who fulfil one or more of the following conditions:
they hold directly or indirectly 25 % or more of the units held in the collective investment undertaking;
they have the ability to define or influence the investment policy of the collective investment undertaking;
they control the activities of the collective investment undertaking through other means.
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