Beneficial Ownership Register – 2019 Regulations
On 22 March 2019 the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (“2019 Regulations”) commenced which:
(a) replicated in their entirety the previous obligations in terms of the Internal Beneficial Ownership Register (the “BOR”); and
(b) announced the commencement of new Regulations requiring companies to make publicly available the information contained within their BOR.
See link to our briefing paper which provides a summary of the 2019 Regulations; key dates, and the implications on both companies and individuals in the event of non-compliance.
If you require any assistance with either your Beneficial Ownership Register and/or the Central Register
obligations please contact Anna or Nicola on 091 704818.