Aruba Introduces Ultimate Beneficial Owner Registry Requirements

Aruba has published the Decree of 12 December 2022, which enacts the entry into force of the National Ordinance of 22 July 2022 for the introduction of ultimate beneficial ownership registry requirements. The National Ordinance of 22 July 2022 amends the Trade Register Ordinance and the National Ordinance on Preventing and Combating Money Laundering and Terrorist Financing to provide for the required registration of information on ultimate beneficial owners of companies, legal entities, trus…