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Chilean Senate Considering National Beneficial Ownership Registry

|Proposed Changes|Chile
Chile

Chile's Senate is reportedly considering a draft bill submitted by the government for the creation of a new National Registry of Final Beneficial Owners (Registro Nacional de Personas Beneficiarias Finales). The registry would require the submission of information on final beneficiaries holding 10% or more of the capital or voting rights in legal entities, investment funds, and other profit and non-profit entities. The required information would need to be submitted within 15 days of an entit…

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