Regulation 2025 status not recorded
Corporations Regulation CR-01 (Regulation Implementing the Corporations Act)
Issued by Financial Institutions Commission
Effective: 19 Jan 2025
Plain-English summary
Issued by the Registrar of Corporations at the FIC under § 109(b)(1) of 12 PNCA Chapter 1; adopted December 2024. Part VI requires a corporation to keep records identifying each beneficial owner of shares and to answer a Registrar request for them within any time limit the Registrar sets, with a US$100 late fee for each day of non-compliance.
Who it applies to
Corporates (Listed)
Topics
AML / CFT / Sanctions Corporate Governance Tax Transparency (FATCA/CRS/BEPS)
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Keep beneficial ownership records for corporations | — | FIC | official | |
Part VI para 1 of Regulation CR-01, made under § 1601(d) of the Corporations Act, requires a corporation to keep records of each beneficial owner of shares (full name, nationality, date of birth, address) and to respond to Registrar requests within any time limit the Registrar sets. |
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| No obligations match these filters. | ||||
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