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RST and Notarial Sector Share Knowledge on UBO Registry CompliancePhoto: Extra Curaçao
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RST and Notarial Sector Share Knowledge on UBO Registry Compliance

Source: Extra Curaçao·1 hour ago·Curaçao·1 min read

In Willemstad, Curaçao, the Reporting Service Team (RST) recently held a knowledge-sharing session with the notarial sector focused on the Ultimate Beneficial Owner (UBO) registry. The UBO registry is a regulatory tool designed to increase financial transparency by identifying the individuals who ultimately own or control companies and legal entities. The exchange aimed to improve understanding and compliance among notaries, who play a key role in registering and verifying UBO information. Such sessions are part of broader efforts across the Kingdom of the Netherlands to combat money laundering, tax evasion, and other financial crimes. Curaçao, as an international financial center, faces particular scrutiny regarding corporate transparency and beneficial ownership disclosure. Strengthening cooperation between regulatory bodies like RST and the notarial profession is considered essential to meeting international anti-financial crime standards. The session reflects ongoing institutional efforts to align Curaçao's practices with global compliance requirements.

Key Facts
  • The RST and Curaçao's notarial sector held a knowledge-exchange session on the UBO registry.
  • The UBO registry identifies the true beneficial owners of companies to promote financial transparency.
  • The initiative supports Curaçao's broader compliance with international anti-money laundering standards.
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