Judgment — ECLI:EU:C:2018:13
Date: 2018-01-17
Language of the case: Czech
Court formation: First Chamber
Subject matter: Right of establishment;Approximation of laws
Procedure: Reference for a preliminary ruling
Origin: Czechia

Summary — Judgment of the Court (First Chamber), 17 January 2018 Approximation of laws — Prevention of the use of the financial system for the purpose of money laundering and terrorist financing — Directive 2005/60 — Scope — Undertaking whose business activity consists in selling ready-made companies — Included (European Parliament and Council Directive 2005/60, Arts 2(1), point 3(c) and 3, point 7(a)) Article 2(1), point 3(c) of Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, read in conjunction with Article 3, point 7(a) of that directive, must be interpreted as meaning that a person, such as that at issue in the main proceedings, whose commercial activity consists in selling companies which it formed itself, without any prior request on the part of its potential clients, for the purposes of sale to those clients, by means of a transfer of its shares in the capital of the company being sold, falls within the scope of those provisions. (see para. 34, operative part)