{"id":5710,"date":"2023-08-25T01:48:46","date_gmt":"2023-08-25T01:48:46","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/?p=5710"},"modified":"2023-08-25T01:48:48","modified_gmt":"2023-08-25T01:48:48","slug":"key-changes-to-the-seychelles-beneficial-ownership-act","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/2023\/key-changes-to-the-seychelles-beneficial-ownership-act\/","title":{"rendered":"Key Changes to the Seychelles Beneficial Ownership Act"},"content":{"rendered":"<div class=\"entry-content\">\n<div class=\"entry-content\">\n<p>The Seychelles have enacted the Beneficial Ownership (Amendment) Act, 2022 with effect from 30 December 2022. This new legislation replaces the Beneficial Ownership Act, 2020 (originally enacted on 28 August 2020) for the purpose of ensuring Seychelles\u2019 on-going compliance with international standards.<\/p>\n<p>Below are some of the key <strong>changes under the new legislation:<\/strong><\/p>\n<ul>\n<li>New\/additional information requirements on Register of Beneficial Owners<\/li>\n<li>\u00ad\u00adCompanies\u2019 obligations and other legal arrangements<\/li>\n<li>Listed companies\u2019 new definition and requirements<\/li>\n<li>Registrable Legal Persons<\/li>\n<li>Extended notice periods for Beneficial Owners<\/li>\n<li>Retention period<\/li>\n<\/ul>\n<p>For full details on the above, please refer to the link <a href=\"https:\/\/www.seychellesfiu.sc\/FIU\/wp-content\/uploads\/2023\/01\/Beneficial-Ownership-Amendment-Act-2022.pdf\">here<\/a>.<\/p>\n<p><strong><u>Reference materials:<\/u><\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.seychellesfiu.sc\/FIU\/?page_id=210\">Seychelles Financial Intelligence Unit \u2013 Acts &amp; Regulations<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Seychelles have enacted the Beneficial Ownership (Amendment) Act, 2022 with effect from 30 December 2022. This new legislation replaces &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Key Changes to the Seychelles Beneficial Ownership Act\" class=\"read-more button\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/2023\/key-changes-to-the-seychelles-beneficial-ownership-act\/#more-5710\" aria-label=\"More on Key Changes to the Seychelles Beneficial Ownership Act\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-5710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-updates","no-featured-image-padding","resize-featured-image"],"featured_image_urls":{"full":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false],"thumbnail":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01-150x150.jpg",150,150,true],"medium":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01-300x200.jpg",300,200,true],"medium_large":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01-768x513.jpg",768,513,true],"large":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false],"1536x1536":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false],"2048x2048":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false]},"post_excerpt_stackable":"<p>The Seychelles have enacted the Beneficial Ownership (Amendment) Act, 2022 with effect from 30 December 2022. This new legislation replaces the Beneficial Ownership Act, 2020 (originally enacted on 28 August 2020) for the purpose of ensuring Seychelles\u2019 on-going compliance with international standards. Below are some of the key changes under the new legislation: New\/additional information requirements on Register of Beneficial Owners \u00ad\u00adCompanies\u2019 obligations and other legal arrangements Listed companies\u2019 new definition and requirements Registrable Legal Persons Extended notice periods for Beneficial Owners Retention period For full details on the above, please refer to the link here. Reference materials: Seychelles Financial&hellip;<\/p>\n","category_list":"<a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/category\/updates\/\" rel=\"category tag\">Updates<\/a>","author_info":{"name":"Lion Trust","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/author\/li0nadm\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false],"thumbnail":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01-150x150.jpg",150,150,true],"medium":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01-300x200.jpg",300,200,true],"medium_large":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01-768x513.jpg",768,513,true],"large":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false],"1536x1536":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false],"2048x2048":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/wp-content\/uploads\/2021\/01\/updates_01.jpg",960,641,false]},"post_excerpt_stackable_v2":"<p>The Seychelles have enacted the Beneficial Ownership (Amendment) Act, 2022 with effect from 30 December 2022. This new legislation replaces the Beneficial Ownership Act, 2020 (originally enacted on 28 August 2020) for the purpose of ensuring Seychelles\u2019 on-going compliance with international standards. Below are some of the key changes under the new legislation: New\/additional information requirements on Register of Beneficial Owners \u00ad\u00adCompanies\u2019 obligations and other legal arrangements Listed companies\u2019 new definition and requirements Registrable Legal Persons Extended notice periods for Beneficial Owners Retention period For full details on the above, please refer to the link here. Reference materials: Seychelles Financial&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/category\/updates\/\" rel=\"category tag\">Updates<\/a>","author_info_v2":{"name":"Lion Trust","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/liontrust.com.sg\/author\/li0nadm\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Key Changes to the Seychelles Beneficial Ownership Act - Lion Trust Singapore<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Changes to the Seychelles Beneficial Ownership Act - Lion Trust Singapore\" \/>\n<meta property=\"og:description\" content=\"The Seychelles have enacted the Beneficial Ownership (Amendment) Act, 2022 with effect from 30 December 2022. 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