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UBO Register – Important updates in the FAQ document

Estimated time to read this article
2 min
Date of publication
9 April 2019
Author(s)
Nikita Tissot, Sandrine Hirsch
Categories
Corporate M&A and Capital Markets

An important update of the UBO Register FAQ document has been published by the Federal Public Service Finance on 2 April 2019. It provides a number of clarifications on the scope of the regulations, notably with respect to the notion of senior managing official, the situation in case of a usufruct / bare ownership, co-ownership, shareholders’ agreements… It also confirms that UBOs will have the right to know who consults their data. The updated FAQ document is available here: http://bit.ly/QandA-ubo

For any question, please contact Sandrine Hirsch or Nikita Tissot.