After a long (European) legislative process, on July, 7 2020 the Registration Implementation Act was finally published in the Dutch Bulletin of Acts, Orders and Decrees. This law paves the way for the introduction of the so-called UBO register. As of September 27,...
Italy is the first European country inspired by the American legislative initiative of 2010 to introduce with the 2016 Budget Law a similar business model into their legal system: the so called Società Benefit (SB), that integrates the profit-oriented economic...
The European Union’s 5th Anti-Money Laundering Directive required that EU member states should set up beneficial ownership registers for corporate and other legal entities by January 10, 2020, and for trusts and similar legal arrangements by March 10, 2020. My...
