Entry into force of Dutch UBO register for trusts and similar legal arrangements

27 October 2022 - On 1 November 2022, the Dutch 'UBO register' for trusts and similar legal arrangements (the Trust Register) will enter into force. The introduction of a Trust Register is one of the measures included in the (amended) fourth European anti-money laundering directive. The Trust Register is a publicly accessible register that contains certain personal data from the UBO registers of trusts and similar legal arrangements. The Netherlands has qualified the fund of joint account (FGR) as a similar legal arrangement.