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Press Release: The APRSF encourages trustees to be active in relation to the Register of Beneficial Owners

The Executive Committee of the Association for the Support and Development of Trust Funds, z.s. (“APRSF”) informs the trustees of existing trust funds about the possible impacts of the new Act on the Registration of Beneficial Owners, which will enter into force on 1 June this year. According to the association, trustees should take precautionary measures so that they are not exposed to the threat of fines or other possible consequences.

The full press release is below (in Czech).

TZ_APRSF_Změny v evidenci skutečných majitelů