On Friday 31 March 2017, a draft bill on the registration of ultimate beneficial owners (UBOs) in the Netherlands was published for consultation purposes. The introduction of the UBO register is required pursuant to the Fourth EU Anti-Money Laundering Directive. Although this is not mandatory under the directive, the Netherlands has chosen to make the register publicly accessible. The UBO register will be part of the Trade Register and will therefore be maintained by the Chamber of Commerce.
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