According to the Prevention and Suppression of Money Laundering Activities Laws of 2007-2021, companies and any other legal entities incorporated in the Republic of Cyprus must obtain and hold adequate, accurate and current information on their beneficial ownership, including details of the beneficial interests held.
The programme will consider an analysis of the Directive on preventing and combating the laundering of income from illegal activities.
The programme will provide information on the new law and its implementation and instructions on the registration of companies, express trusts and similar legal arrangements, crypto-assets and bodies in the register of Beneficial Owners of the relevant competent authority.
For more information, visit website.
