Register of Beneficial Owners Launched in the Czech Republic

    View Author January 2018

    A register of beneficial owners (Register) has been introduced in the Czech Republic, based on the European Anti-Money Laundering Directive as of 1 January 2018.

    The Register is an information system of public administration, which is operated electronically by competent courts. It is not a public record, but, as well as a public authorities, persons who can demonstrate a legitimate interest in the prevention of selected crimes are also able to access it (e.g. financial institutions, real estate developers or lawyers).