Changes to the reporting obligations to the Transparency Register – new legal situation as of August 2021
With the new version of the Money Laundering Act, which came into force on 1st August 2021, the abolition of the previous publication fictions and the conversion of the transparency register to a full register was decided. Accordingly, every legal entity under private law and every partnership entered in a register must actively report its beneficial owners to the transparency register. We are pleased to assist you!
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