Beneficial Ownership Amendments Understanding slide image

Beneficial Ownership Amendments Understanding

Two Tiers of Access There are two tiers of access to the private beneficial ownership information on the Register. The complete access is given to competent authorities and restricted access is for private and public entities, both local and foreign, that apply to the Registrar for permission to access. Competent authorities include: • Bank of Jamaica; • Financial Services Commission; • Real Estate Board; Betting, Gaming and Lottery Commission; • Public Accountancy Board; • Casino Gaming Commission; and • Any other authority designated as such by an Order of the Ministers with Portfolio. Grounds for the application: the functioning of the law enforcement and regulatory authority; • conducting investigations; or conducting civil and criminal proceedings Entities that can apply for access: • law enforcement authorities • regulatory authorities • Other non-governmental bodies (for example private regulatory bodies and banks)
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