Information on a legal entity referred to in Article 62(1) and on an express trust or similar legal arrangement referred to in Article 67(1)
Article 62(1) of the AMLR (Regulation (EU) 2024/1624):
Legal entities and trustees of express trusts or persons holding equivalent positions in similar legal arrangements shall ensure that the beneficial ownership information which they hold, provide to obliged entities in the context of customer due diligence procedures in accordance with Chapter III or submit to central registers is adequate, accurate, and up-to-date.
Article 67(1) of the AMLR (Regulation (EU) 2024/1624):
Legal entities created outside the Union and trustees of express trusts or persons holding an equivalent position in a similar legal arrangement that are administered outside the Union or that reside or are established outside the Union shall submit beneficial ownership information pursuant to Article 62 to the central register of the Member State where they:
- (a) enter into a business relationship with an obliged entity;
- (b) acquire real estate in the Union, whether directly or through intermediaries;
- (c) acquire, whether directly or through intermediaries, any of the following goods from persons trading as referred to in Article 3, points (3)(f) and (j), in the context of an occasional transaction:
- (i) motor vehicles for non-commercial purposes for a price of at least EUR 250 000 or the equivalent in national currency;
- (ii) watercraft for non-commercial purposes for a price of at least EUR 7 500 000 or the equivalent in national currency;
- (iii) aircraft for non-commercial purposes for a price of at least EUR 7 500 000 or the equivalent in national currency;
- (d) are awarded a public contract for goods or services, or concessions by a contracting authority in the Union.
Defined in / by
Last updated: 22 August 2026.