Bermuda's beneficial ownership registers now in full operation

Bermuda's beneficial ownership register now in full operation as the postponed deadline for legal entities to submit the information has been reached. Bermuda companies, limited liability companies and partnerships had until 30 April 2019 to update or verify their beneficial ownership information under Bermuda's beneficial ownership legislation. Beneficial owners are any individual or individuals who directly or indirectly own or control more than 25% of the shares, voting rights or interests in a company or who control a company by other means. If no such person can be identified, th...