As previously reported,
the Cyprus Registrar of Companies (the ‘Registrar’) announced on 28 November
2022 that access to the UBO Register for the general public is suspended with
effect from 23 November 2022.
The Registrar added that the
relevant information to the competent and supervisory authorities as well as
the Unit for Combating Money Laundering (MOKAS), will continue to be provided
with the applicable procedure. Information will also continue to be provided to
obliged entities.
With an announcement on 3
January 2023, the Registrar clarified that obliged entities must submit a Solemn
Declaration (the template is available on the Registrar’s website),
along with their application for provision of UBO information, confirming that
the information is requested within the context of performing customer due
diligence. It is noted that an application that is not accompanied by the
relevant declaration will not be accepted by the Registrar.
