Ultimate beneficial owner’s register in the Netherlands to arrive

April 10, 2019

The Netherlands has taken another step to prevent money laundering and terrorist financing by recently adopting legislation that introduces a register of ultimate beneficial owners. The legislation makes it mandatory for legal entities under Netherlands law to obtain and register information on the person(s) who ultimately own or control them (the UBO), or run the risk of an administrative or criminal penalty.


Read full article in PDF (styled in former identity)