Resulting from European regulations, the Dutch UBO register will finally enter into force on 27 September 2020. It is designed to prevent the use of the financial system for money laundering and terrorist financing, by making transparent who is pulling the strings at organizations established in the Netherlands. In addition, the public nature of the register enables individuals and organizations to make better informed decisions with regards to the question – who do they do business with. In the Netherlands, the management of the UBO register is entrusted with the Chamber of Commerce.

Read more →