Tag Archives: Law Reform Commission

Don’t tell me about Discrepancies

In last week’s blog we alerted readers to the two types of anomaly that can occur on the Register of Beneficial Ownership: A discrepancy – there is an error on the Beneficial ownership Register; or Non-compliance – the Beneficial Ownership details on the register are blank (we believe this to be the case for approximately… Read More

Are you the Beneficial Owner?

The Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010 to 2021 contains the latest list of new responsibilities on ‘designated persons’ (accountants among others) to corroborate the beneficial ownership details of client entities being taken on. Incidentally, the Law Reform Commission has published the consolidated version of this legislation and its available at this… Read More