Cypriot Registrar of Companies commences the collection of information for the Beneficial Ownership Register

The Cypriot competent authorities have announced the establishment of the central register of the beneficial owners (BOs) of companies and other legal entities, to the extent that they are registered with the Department of Companies and Official Receiver. The officers of Cypriot entities are obliged to identify and record electronically on the beneficial owner register, the required information of the BOs of such entities.

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