Central Registry of Beneficial Owners: extension of the suspension

According to the decision of the General Secretariat of Information Systems adopted following the request of the Ministry of Finance, the suspension of the operation of the information system regarding the Central Registry of Beneficial Owners is further extended from 20.01.2020 till 28.02.2020. The suspension was decided with the purpose of finalising critical legal issues regarding the obligation and manner of registration of certain legal entities and the improvement of the system’s functionality and connectivity in the EU. These matters will be discussed during a meeting of Member States` representatives on 17.01.2020.

Therefore, during the above time period the deadlines for the registration of the liable legal entities’ beneficial owners with the relevant electronic system are also suspended.

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