Netherlands UBO register in 2020
The UBO register in the Netherlands is delayed until later in 2020.
The introduction of the Dutch UBO register has been delayed until a later date in 2020. This will be likely somewhere in spring 2020. The deadline of 10 January 2020, on which the UBO register had to be introdoced in the Netherlands, has not been met.
The relevant legislation to implement the Dutch register for Ultimate Beneficial Owners has been adopted by the Dutch House of Representatives but not yet by the Senate. The Senate of the Netherlands has scheduled its prelimenary investigation into the legislation to start on 28 February 2020. After that, this legislation that will implement the Dutch UBO register pursuant to the 4th Anti-Money Laundering Directive still needs to be voted on.
Please see this link to our earlier blog on what the UBO register in the Netherlands will look like.