Roland Pichler
The House of Family Businesses
Phone:
+49 (0) 30 / 22 60 529 15
Fax:
+49 (0) 30 / 22 60 529 29
E-Mail: pichler(at)familienunternehmen-politik.de
Every company is affected by the reporting requirement: in Germany, one million limited liability companies (GmbHs) alone have to disclose information on ownership to the transparency register. In its ruling of November 2022, the European Court of Justice (ECJ) strengthened data protection for business owners. The general public must no longer have unlimited access to sensitive data of beneficial owners. According to the legal opinion obtained by the Foundation for Family Businesses and Politics, access should in future be subject to stricter requirements. “EU member states must not grant access without a legitimate interest being demonstrated,” says the legal opinion prepared by the legal scholars Prof. Ralf P. Schenke and Prof. Christoph Teichmann (both from the University of Würzburg). Conditions should be specified for this, similar to those for accessing the land register.
The importance of family businesses in Germany and the special conditions they need to be successful are now the subject of broad academic research and a great deal of attention in the media, society and politics. This is due in no small part to the Foundation for Family Businesses, which was founded 20 years ago to promote academic research, and the Foundation for Family Businesses and Politics, which joined the original foundation in 2021.
Since 1 November 2022, Moritz Hundhausen has been the new Head of European Policy for the Foundation for Family Businesses and Politics.
The House of Family Businesses
Phone:
+49 (0) 30 / 22 60 529 15
Fax:
+49 (0) 30 / 22 60 529 29
E-Mail: pichler(at)familienunternehmen-politik.de