European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016
If you are a company secretary or director you would have got the following email from the Companies Registration Office, “European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016”.
What this email basically means all Companies should keep a register of the owner/shareholders names/beneficial owners who control or own more than 25% of the shares in a company, a copy of their passport and a recent utility bill on your permanent files.
You should record the name, date of birth, nationality and residential addresses of each beneficial owner of it; and (b) a statement of the nature and extent of the interest held by each such beneficial owner.
Further information can be found on Department of Finance website.
If you feel confused or like consulting a phsyic meduim, please feel free to contact me instead if you need any help with your limited companies.