Public Consultation of the European Commission Regarding the formats for submitting beneficial ownership information
We would like to inform you that the European Commission has launched a public consultation on the draft Implementing Regulation concerning the formats for submitting Beneficial Ownership information, in line with Article 62 of Regulation (EU) 2024/1624 and Article 10 of Directive (EU) 2024/1640.
The purpose of the consultation is to establish standardized formats for the submission of the relevant information, with the aim of enhancing the transparency of complex corporate structures in the context of combating money laundering and terrorist financing, as well as setting minimum requirements for the verification of this information by the competent registers.
As the official online platform for submitting comments has now closed due to the deadline having passed, and following communication with the Department of the Registrar of Companies and Intellectual Property (Companies Section), we inform you that there is still the possibility for us to collect comments/observations from our members and forward them via email, so that a consolidated overview of market positions can be presented.
To enable us to prepare a comprehensive position and accurately convey the views of our members, supporting an effective and practically applicable harmonization, please send us your comments by Monday, 19 January 2026, to the following email: servicestradedigitalisation@ccci.org.cy.
Comments may refer, for example, to specific points of the draft, technical observations, or suggestions for improvement/simplification.
Attached (below PDF) you will find the draft Implementing Regulation and its Annex in English.
