Update on the Beneficial Ownership Register

The implementation of the Beneficial Ownership Regulations is  fast approaching. The Central Register of Beneficial Ownership website has gone live.  The website has a helpful FAQ section which covers any questions companies, directors, shareholders and presenters may have on the regulations.

Registration will commence on 22nd June 2019 and companies will then have 5 months to file the relevant information  on the Central Register.

PPS Number

One key question is whether or not all beneficial owners and senior management officers will require a PPS number and this point has not yet been clarified. This requirement could cause a backlog in applications being made and processed. As soon as we get this information we will let you know.

Conor appeared on Morning Ireland , RTE News at One  and Newstalk Business Breakfast discussing the implementation of the beneficial ownership regulations and you can listen to the interviews on the above links.

 

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