News on the Transparency Register: The European Court of Justice Speaks Plainly!

Guest contribution Neue Zeitschrift für Gesellschaftsrecht (German corporate law journal)

With its ruling, the European Court of Justice stops the public accessibility of transparency registers. The provision stipulated that partially sensitive information about the beneficial owners of companies would be accessible to all members of the public in all cases. This constitutes a disproportionately deep interference with the fundamental rights of entrepreneurs, the ECJ rules. Foundation Executive Board Member Prof. Rainer Kirchdörfer summarizes the most important points in his editorial for the "Neue Zeitschrift für Gesellschaftsrecht" (NZG) [New Journal for Corporate Law].