Sure, let's just go ahead and restrict access to all the data about beneficial owners of companies in the EU. What could go wrong? Seriously, WTAF, Europe?

https://www.ft.com/content/e4b31a4e-a79d-40f7-8a19-c1e451a95c4b

European countries have begun taking down public registers of who owns their companies in the wake of a shock court ruling that campaigners have condemned as a major step backwards in the fight for corporate transparency and against economic crime.

Luxembourg and the Netherlands on Wednesday closed their public beneficial ownership registers, which show the ultimate owners of their companies, following the ruling from the Court of Justice of the European Union, which invalidated public access.

Its judgment found that “the general public’s access to information on beneficial ownership constitutes a serious interference with the fundamental rights to respect for private life and to the protection of personal data”, according to a press release from the court.