Topic
13. 12. 2022 · Publications and newsletters
Will the Register of Beneficial Owners be non-public or what will be the consequences of the CJEU’s decision to invalidate part of the AML Directive?The CJEU ruled in November 2022 (Joined Cases C-37/20 and C-601/20) that the AML Directive provision requiring public access to beneficial-owner data is invalid, yet the Czech Act on Registration of Beneficial…
17. 6. 2022 · Publications and newsletters
The deadline to comply with the obligation to register additional identification data is running outStatutory bodies and liquidators of companies in the Slovak Commercial Register must register additional identification data on executives, shareholders and legal-entity owners by 30 September 2022 or face a fine of up…
30. 3. 2021 · Publications and newsletters
New Act on the Register of Beneficial Owners to enter into force on 1 June 2021Act No. 37/2021 Coll. on the Register of Beneficial Owners takes effect in the Czech Republic on 1 June 2021, adding fines up to CZK 500,000 and invalidation of voting and dividend…
7. 7. 2020 · Publications and newsletters
The registration of beneficial owners of all legal entities is not going away and instead wants more from usA bill on the Registration of Beneficial Owners, transposing the EU's AMLD V, will make part of the register public and introduce fines of up to CZK 500,000 for failing to register;…
5. 12. 2019 · Publications and newsletters
Have you already fulfilled the obligation to register your beneficial owners in the Commercial Register?Slovak legal entities must register their beneficial owners by 31 December 2019, even though registry courts have until 30 June 2020 to process the applications, while a related amendment narrows the definition…
22. 8. 2019 · Articles and Interviews
Amendment to act on register of public sector partnersA September 2019 amendment to the Slovak Register of Public Sector Partners Act narrows the registration duty, sets a 28 February beneficial-owner verification deadline, adds joint and several liability for statutory bodies,…
1. 4. 2019 · Publications and newsletters
Obligation to register beneficial owners in the Commercial Register (or other registers)Since 1 November 2018, an amendment to Slovakia's AML Act No. 297/2008 Coll. obliges legal entities to register their beneficial owners in the relevant public register, with existing entities given until 31…
1. 2. 2019 · Publications and newsletters
02-2018 Corporate Public Flash, PDF documentHAVEL & PARTNERS' Corporate Public Flash newsletter outlines the new duty for every legal entity to register its ultimate beneficial owner in the relevant public register, part of the wider push for…
1. 1. 2019 · Publications and newsletters
The search for the beneficial owner continues! Have you made a timely registration of your beneficial owner?The AML Act (No. 253/2008 Coll.) required all Czech legal entities registered in the Commercial Register to record their ultimate beneficial owner by 1 January 2019, and the Fifth AML Directive must…
12. 2. 2018 · Articles and Interviews
Czech Republic – New Register of TrustsAn amendment to the Czech Civil Code and the Public Registers Act, effective from 1 January 2018, introduced a new register of trusts recording each trust's purpose, trustee, founder and beneficiary data…
