Greece Ends Suspension of Ultimate Beneficial Ownership Registry

Greece has announced that the three-month suspension of the operation of the ultimate beneficial ownership (UBO) registry expired effective 1 October 2020. Greece earlier suspended the operation of the UBO registry to 30 June 2020 due to the COVID-19 pandemic, with the suspension extended by a further three months to give individuals and legal entities more time to familiarize themselves with the system. With the suspension ended, persons liable for registration must submit the required infor…