Where on the platform should I disclose my UBOs and directors?
Just go to the ‘Log in‘ tab. Log in and click on your company name. Select ‘Beneficial owners & directors‘ from the list that appears. That will then take you to the UBO page. To add a beneficial owner or director, click on ‘Edit UBO or director‘ and ‘Add UBO or director‘ and fill in […]
What happens if I do not disclose my UBOs and directors within the time limit allowed?
If you do not disclose your UBOs and directors within the time limit, we will be obliged to suspend your access to our platform until the matter is rectified.
What is the time limit for disclosing my UBOs and directors?
As a member of the Edebex platform, you have 30 days after notification to disclose the data on your UBOs and directors. If you have not yet registered on the platform, you have 30 days from the date on which your account is actually set up.
Why do I need to disclose my UBOs and directors?
The organisations and persons applying the law on preventing the financial system from being used for purposes of money laundering and financing terrorism (Belgian Law LBC/FT) are legally required to identify and check the identity of UBOs and directors in their business dealings. These organisations are identified in articles 2 and 3 of the LBC/FT […]
What does UBO mean?
The acronym UBO means Ultimate Beneficial Owner (‘bénéficiaire effectif’ in French) within the meaning of the law of 11/01/1993. The ultimate beneficiary of a legal entity is the natural person who, acting alone or in conjunction with others, directly or indirectly, in law or in fact, is responsible for the ultimate control of the company. […]