All provisions · Beneficial Ownership Act (Cap. 251B) · Part III: Accessibility, disclosure and confidentiality of beneficial ownership
14A Divulgación de información sobre titularidad real por fideicomisarios
(1) No obstante lo dispuesto en la sección 14, un fideicomisario divulgará, previa solicitud, información sobre titularidad real respecto de sus fideicomisos a––
(a) una institución financiera; o
(b) una empresa o profesión no financiera designada, a los efectos del cumplimiento de las obligaciones de la institución financiera o de la empresa o profesión no financiera designada en virtud del Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251).
(2) A los efectos de esta sección, los términos "financial institution" y "designated non-financial business or profession" tendrán los significados que se les atribuyen respectivamente en el Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251). (Inserted by Act 38 of 2022)
(a) una institución financiera; o
(b) una empresa o profesión no financiera designada, a los efectos del cumplimiento de las obligaciones de la institución financiera o de la empresa o profesión no financiera designada en virtud del Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251).
(2) A los efectos de esta sección, los términos "financial institution" y "designated non-financial business or profession" tendrán los significados que se les atribuyen respectivamente en el Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251). (Inserted by Act 38 of 2022)
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Disclosure of beneficial ownership information by trustees
(1) Notwithstanding section 14, a trustee shall disclose beneficial ownership information in respect of its trusts, upon request, to––
(a) a financial institution; or
(b) a designated non-financial business or profession, for the purpose of the financial institution’s or designated non-financial business’ or profession’s obligation under the Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251).
(2) For the purpose of this section, the terms “financial institution” and “designated non-financial business or profession” shall have the meanings given to them respectively under the Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251). (Inserted by Act 38 of 2022)
(a) a financial institution; or
(b) a designated non-financial business or profession, for the purpose of the financial institution’s or designated non-financial business’ or profession’s obligation under the Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251).
(2) For the purpose of this section, the terms “financial institution” and “designated non-financial business or profession” shall have the meanings given to them respectively under the Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251). (Inserted by Act 38 of 2022)
Official source: Beneficial Ownership Act (Cap. 251B), Act 4 of 2020, Revised Edition as at 31 May 2024 (Acts 4 of 2020, 6 of 2021, 26 of 2021, 38 of 2022, 28 of 2023); Act 18 of 2025 worked in by us
