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Greece Introduces New Penalties for Beneficial Ownership Requirements

|Approved Changes|Greece
Greece

Greece has published Law No. 4941/2022, which contains various measures, including revised rules on the requirements to keep and report beneficial ownership information. This includes new penalties for legal persons and other entities that:

  • Fail to submit an initial or amending declaration on beneficial ownership information;
  • Submit an incomplete or inaccurate initial or amending declaration o…

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