In November 2021, the law that ensures the implementation of the so-called trust register has passed. As a result, the ultimate beneficial owners of trusts and similar legal structures, including the open and closed mutual fund, will have to be registered in a public register. This so-called trust register will exist alongside the UBO register, in which the UBOs for companies and other legal entities will be registered.
During this online course, senior candidate civil-law notary and UBO register specialist Alycke Kootstra will first give an overview of the main features of UBO legislation for trusts and similar legal structures. In the second part of the course she discusses the practical implications of the trust register.