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Netherlands Draft Legislation on Beneficial Ownership Registration Requirements for Trusts

|Proposed Changes|Netherlands
Netherlands

The Dutch Ministry of Finance has published the draft Bill on the Implementation Act on the registration of beneficial owners of trusts and similar legal arrangements. The implementation of the beneficial ownership registration requirements for trusts and similar is required as part of the EU Anti-Money Laundering Directive (AMLD) as amended (5th AMLD).

Under the draft bill, the requirements …

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