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Malaysia's New Beneficial Ownership Reporting Requirements

|Approved Changes|Malaysia
Malaysia

On 1 April 2024, the Companies Commission of Malaysia announced the launch of the Electronic Beneficial Ownership System (e-BOS). The system can be accessed via the SSM4U portal https://ssm4u.com.my/ and has been launched to allow companies to meet the new beneficial ownership reporting requirements introduced by the Companies (Amendment) Act 2024, which was approved in February 2024 and ent…