Power and Succession
Complete unburdening with regard to your UBO obligations
As a result of European regulations and their implementation in Belgium, all Belgian companies, non-profit organizations and foundations must declare their ultimate beneficiaries in the UBO (Ultimate Beneficial Owner) register.
The estate and succession planning cell not only assists you with the analysis of who should be registered in the register, but can also arrange this on the basis of a mandate in your name and on your behalf. In addition, in specific situations it may be appropriate to apply for a restriction of the visibility of information, as this register is publicly accessible. The visibility of that information may expose you to certain risks, which can be avoided by making such a request.
You are a subject entity?
In the performance of your regulated professional activities, you are subject to the obligations under anti-money laundering legislation, and more specifically in the context of client vigilance. What obligations are these? How should you organize yourself in this regard? And are there certain sanctions involved?
We are happy to help you align your organization's policies, procedures and internal controls with legal requirements.