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Belgian Law for the Introduction of Beneficial Ownership Registry has Entered into Force

|Approved Changes|Belgium
Belgium

On 16 October 2017, the Belgian Law of 18 September 2017 on the prevention of money laundering and financing of terrorism entered into force. The Law transposes the EU Anti-Money Laundering Directive (Directive (EU) 2015/849), including rules for the establishment of a register for beneficial ownership information on resident companies, foundations, and trusts as required by the Directive.

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