A request for a preliminary ruling by the District Court of Luxembourg (Tribunal d’arrondissement), in G-Finance SARL, DV v. Luxembourg Business Registers (C-317/21), has been published. The referring court questions the validity of the provisions contained in Anti-Money Laundering and Terrorist Financing Directive 2015/849. According to this directive, member states should arrange that information on beneficial owners of corporate and legal entities is accessible to the general public. The Tribunal d’arrondissement questions whether the relevant provisions in the Anti-Money laundering Directive are invalid because they might:
(a) infringe the principle of proportionality, as set out, in particular, in Article 5(4) TEU; and/or
(b) infringe Article 16 of the Charter of Fundamental Rights of the European Union (freedom to conduct a business);
and/or
(c) infringe Articles 20 (equality before the law) and 21 (non-discrimination) of the Charter of Fundamental Rights of the European Union; and/or
(d) infringe the general principle of European law of protection of business secrecy
Vide the request for a preliminary ruling by the Tribunal d’arrondissement (Luxembourg)
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A62021CN0317