DECRYPTION – By being open to everyone, access to companies’ beneficial ownership register infringes on privacy.
No government communication is made at the start of the year, when access, for the general public, to the register of beneficial owners – those people who hold at least 25% of the capital or voting rights of a company – is suspended.
Which does not, then, prevent certain NGOs from denouncing a “suspension on the sly”. It must be said that the file is sensitive… Housed on the site of the National Institute of Intellectual Property (INPI), this register allows everyone to have the identity of people with shares in some 3.2 million registered companies in the name of financial transparency.
A legitimate interest
A few weeks later, on January 19, the platform is finally back in service. The Ministry of the Economy, which would have done well without this affair, does not fail, this time, to communicate on the subject, recalling that “France is strongly committed to the fight for the transparency of the beneficial owners of companies”. The Ministry…
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