Revision of AMLD4 is scheduled in the European Parliament (EP) next week. On Wednesday 18 April 2018 there will be a debate.
In the briefing on the website of the EP the subject is summarized as follows:

MEPs to vote on making information on beneficial owners of firms public
Any citizen could, in future, access information about the real owners of companies operating in the EU. The proposal forms part of the wide-ranging fifth update to the EU’s Anti-money Laundering Directive, which MEPs will debate on Wednesday, before a vote the following day.
If MEPs give their assent, this will be the first time that members of the public will be able to access data on the beneficial owners of firms – a move aimed at stamping out the opaque financial arrangements behind letterbox companies.
Other measures include closer regulation of virtual currencies, like Bitcoins, and protection for whistleblowers who report money laundering.

Debate: Wednesday
Vote: Thursday
Procedure: Co-decision
#AMLD

Further information

• Draft report on Prevention of the use of the financial system for the purposes of money laundering or terrorist financing: transparency of financial transactions and of corporate entities
• Profol of rapporteur, Judith Sargentini (VERTS/ALE, NL)
• Profil of rapporteur, Krisjanis Karins (EPP, LV)
• Procedure file
• Legislative train schedule
• Committee vote press release
• Free photos, video and audio material

Violation of privacy of European citizens

The message suggests that only beneficial owners of criminal companies become public. That is not true. Most legal entities in the EU and their beneficial owners are not criminals. Their information is open to people with bad intentions, as no screening takes place of the persons obtaining information from the registers. In some countries (like the Netherlands) the complete contents of the register will be transferred to companies trading in personal data.
The new legislation is an improper violation of the privacy rights of European citizens with a financial interest in legal entities. The legislation qualifies persons without a financial interest in legal entities (‘members of the senior management‘) as a beneficial owner, with important consequences for these managers, including the collection of private information on these managers by the entities they are related to. The advice of the European data protection authority is ignored.