Malta has incorporated certain provisions of the EU Fifth Anti-Money Laundering Directive into its beneficial ownership registration regulations.
The move is a controversial one since any member of the public without having to show a legitimate interest can inspect:
Year and month of birth.
Country of residence.
The extent and nature of the beneficial interest of an associated company.
From January 1st 2020, any of the above information can all be requested as long as the disclosure doesn’t expose the beneficial owner to an unfair risk of crime. Furthermore, beneficial owners will also be equally liable with companies to provide the required information to the register.