Post by account_disabled on Feb 20, 2024 9:36:37 GMT
The Ministry of Justice has launched the Central Registry of Real Ownership (RCTIR), in accordance with the provisions of Royal Decree 609/2023, of July 11, by which its creation and regulations were approved.
The RCTIR will allow the consultation of the real ownership of Spanish legal entities, trusts, trusts , and other similar legal instruments that operate in Spain by authorities, obligated subjects and any person or organization that can demonstrate a legitimate interest.
According to the acting Minister of Fax Lists Justice, Pilar Llop, this registry “will contribute to protecting the integrity of the financial system and other sectors of economic activity by preventing money laundering and the financing of terrorism .”
This is a single central registry throughout the national territory, which will be managed by the Ministry of Justice and will have its headquarters in the General Directorate of Legal Security and Public Faith.
This registry will obtain its information from official sources, such as the College of Property and Commercial Registrars of Spain or the General Council of Notaries, and will also include the registry of trusts, type trusts , and other similar legal instruments that have some relationship with Spain through direct declaration by the trustee, allowing consultation of the real ownership of all of them.
A transitional period of nine months is planned for the different competent registries to transfer data to the RCTIR . Justice has developed a specific application for access by authorities . In the case of access by obligated subjects and a person or organization with legitimate interest, the corresponding procedures will be enabled on the ACCEDA platform.
The request for initial access for media and NGOs, registration or modification or cancellation of a trust , opposition to the processing of information or exclusion of data, and appeal resources is now enabled. The rest of the procedures will be available in the planned transitional period of nine months .
For those organizations or media with an interest in the prevention and fight against money laundering and the financing of terrorism, they must prove this condition and request access to the RCTIR through the electronic headquarters procedure.
The RCTIR will allow the consultation of the real ownership of Spanish legal entities, trusts, trusts , and other similar legal instruments that operate in Spain by authorities, obligated subjects and any person or organization that can demonstrate a legitimate interest.
According to the acting Minister of Fax Lists Justice, Pilar Llop, this registry “will contribute to protecting the integrity of the financial system and other sectors of economic activity by preventing money laundering and the financing of terrorism .”
This is a single central registry throughout the national territory, which will be managed by the Ministry of Justice and will have its headquarters in the General Directorate of Legal Security and Public Faith.
This registry will obtain its information from official sources, such as the College of Property and Commercial Registrars of Spain or the General Council of Notaries, and will also include the registry of trusts, type trusts , and other similar legal instruments that have some relationship with Spain through direct declaration by the trustee, allowing consultation of the real ownership of all of them.
A transitional period of nine months is planned for the different competent registries to transfer data to the RCTIR . Justice has developed a specific application for access by authorities . In the case of access by obligated subjects and a person or organization with legitimate interest, the corresponding procedures will be enabled on the ACCEDA platform.
The request for initial access for media and NGOs, registration or modification or cancellation of a trust , opposition to the processing of information or exclusion of data, and appeal resources is now enabled. The rest of the procedures will be available in the planned transitional period of nine months .
For those organizations or media with an interest in the prevention and fight against money laundering and the financing of terrorism, they must prove this condition and request access to the RCTIR through the electronic headquarters procedure.