Of interest.

Štítek: Real owners

05. 03. 2021

Amendment to the Act on the Registration of Beneficial Owners – summary of the major changes

In our previous articles, we have kept you informed about the development of new legislation in connection with the registration of beneficial owners, which responds to the obligation to transpose Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive 2015/849 on the prevention of the use of the …

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14. 08. 2020

Further development of planned changes to the records of beneficial owners

In our article on the legal regulation of the Register of Beneficial Owners and their planned changes, we informed you about the forthcoming bill of the Registration of Beneficial Owners Act. The aforementioned bill and the related amending legislation, the Public Legal Registers Act and the AML Act, have since undergone further developments within the legislative process.  The current state – in general  The Register of Beneficial Owners was introduced into the Czech legal system in 2017 …

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26. 08. 2019

Legal regulation of the register of beneficial owners awaits changes

The existing legislation on the registration of ultimate owners has not yet fully met the presumed expectations, particularly in its contribution to the fight against money laundering or the prevention of conflicts of interest. Business corporations were obliged to register their beneficial owner in the Register of beneficial owners by 1 January 2019, but only …

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17. 12. 2018

Deadline for registration into register of beneficial owners is coming

The deadline in which all legal entities registered in the Commercial Register have to their beneficial owners in so called register of beneficial owners will expire in less than one month. Is your company ready to fulfil this obligation? The amendment to the Act on Selected Measures against Legitimization of Proceeds of Crime and Financing …

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