Compliance obligations: Between 1 October 2025 and 31 December 2025, organisations are required to perform the following actions in the BO Register system, subject to requirements:

• Confirm the details of their Beneficial Owners; or
• Confirm the details of their Senior Management Officials; or
• Confirm that appropriate due diligence was carried out in respect of the organisation in lieu of the above.

Confirmation of such details is required only once during this period, even if changes occur after submission.

Penalties for non-compliance: The Registrar reminds companies that there is a fine of €100 for the first day of non-compliance and €50 for each additional day, up to a maximum of €5,000, separately to any applicable criminal liability.

Address updates: Many official communications have failed due to outdated registered office and workplace addresses. Organisations are urged to verify and update their address details in the Register of Business Entities to ensure accurate records.

Consequences of non-compliance: Failure to update Beneficial Ownership information or address details may result in the striking off the entity from the Register of Business Entities.

Steps to confirm information in the BOR system can be found in the “FAQs – UBOs”, under the section “Confirmation of Information on the UBOs Register” here.

Our previous blog posts can be found here and here.

For more details, the news releases can be found here and here.