As of 4 May 2017, financial institutions will be obliged to register the beneficial owners of qualified shares.
Even though qualified shares were already subject to registration, the law will now require the beneficial owners of such shares to be identified.
Financial institutions have a 90-days deadline as from 4 May 2017 to register its current beneficial owners. For more information contact us at firstname.lastname@example.org.
[Photo: Dan Dimmock, available at: unsplash.com]