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Iceland Moves Up Beneficial Ownership Registration Requirement for Previously Registered Entities

|Approved Changes|Iceland
Iceland

Iceland's parliament approved on 17 December 2019 a bill that amends the obligation of legal entities registered with the Trade Registry to register their beneficial ownership information. Iceland's beneficial ownership registration requirements were approved in June 2019, with beneficial ownership information on new legal entities required to be registered from 30 August 2019, while information of legal entities already registered with the Trade Registry provided a deferral to 1 June 2020. I…

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