Good governance / Legal Reform and Transparency
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Legal Alert | Further changes to the beneficial owner registration rules
On 1 October 2022 an amendment to the Act on the Registration of Beneficial Owners came into effect, which again changes the existing legal regulation of beneficial owners. The amendment no longer distinguishes between the ultimate beneficiary and the person with ultimate influence and extends the scope of obliged entities.
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