All provisions · Beneficial Ownership Act (Cap. 251B) · Part III: Accessibility, disclosure and confidentiality of beneficial ownership
14A Divulgation des informations sur la propriété effective par les trustees
(1) Nonobstant l'article 14, un trustee doit divulguer les informations sur la propriété effective concernant ses trusts, sur demande, à––
(a) une institution financière ; ou
(b) une entreprise ou profession non financière désignée, aux fins de l'obligation de l'institution financière ou de l'entreprise ou profession non financière désignée en vertu de l'Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251).
(2) Aux fins du présent article, les termes « financial institution » et « designated non-financial business or profession » ont respectivement les significations qui leur sont attribuées en vertu de l'Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251). (Inserted by Act 38 of 2022)
(a) une institution financière ; ou
(b) une entreprise ou profession non financière désignée, aux fins de l'obligation de l'institution financière ou de l'entreprise ou profession non financière désignée en vertu de l'Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251).
(2) Aux fins du présent article, les termes « financial institution » et « designated non-financial business or profession » ont respectivement les significations qui leur sont attribuées en vertu de l'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
