Many countries around the world are promoting the increase of transparency regarding the ultimate ownership of companies. Indeed, this is a useful tool for stopping illicit financial flows and creating fair markets.

However, it must also be considered that such measures may violate the right to privacy and pose threats to personal security. The need to protect this privacy may lead some companies and owners to refuse to disclose this information.

Furthermore, many organizations and individuals have warned that disclosing beneficial ownership information may be ineffective or could lead to the spread of incorrect information.

Beneficial Ownership, beneficial property, public register

It is not very clear in the judgements to which DTCs they refer, but one of them was the 1990 Spain-United States DTC.

Tikhon P. Podshivalov @ South Ural State University, Chelyabinsk, Russia

Friedman, O., Pesowski, M. L., & Goulding, B. W. (2018). Legal ownership is psychological: Evidence from young children. Psychological Ownership and Consumer Behavior, 19–31. doi: 10.1007/978-3-319-77158-8_

Graziadei, M. (2017). The structure of property ownership and the common law/civil law divide. In M.Graziadei, & L. Smith (Ed.), Comparative property law (pp. 71-99). Edward Elgar Publishing.

Bakhromjon Topildiev. Doctor Of Juridical Science, Professor, Civil Law Department Of Tashkent State University Of Law, Tashkent, Uzbekistan. ssues Of Protection And Enforcement Of The Rights And Interests Of The Beneficiary. The American Journal of Political Science Law and Criminology.2021

https://www.diligent.com/resources/blog/beneficial-ownership

Regulation Around the World Beneficial ownership registers Publication March 2023 nortonrosefulbright.com.

Regulation Around the World Beneficial ownership registers Publication March 2023 nortonrosefulbright.com.

Connection to an online service of the State of Luxembourg https://www.lbr.lu/

Rakhimova, D. K. (2025). THE CONCEPT OF BENEFICIARY PROPERTY IN CIVIL LAW AND ITS CHARACTERISTICS. Google Scholar, 1(1).

Raximova, D. . (2025). ЗНАЧЕНИЕ ФИДУЦИАРНЫХ ОБЯЗАТЕЛЬСТВ В ЭФФЕКТИВНОМ УПРАВЛЕНИИ БЕНЕФИЦИАРНОЙ СОБСТВЕННОСТЬЮ. Общественные науки в современном мире: теоретические и практические исследования, 4(2), 9–15. извлечено от https://in-academy.uz/index.php/zdif/article/view/44407