On 28 November 2022, the Cyprus Authorities announced that access to the Register of Beneficial Owners for the general public is suspended as of the 23 November 2022, adhering to the recent judgement of the European Court of Justice.

The Department of Registrar of Companies and Intellectual Property advised that the relevant information will also continue to be provided to the obliged entities with the applicable procedure by submitting additionally a solemn declaration confirming that the information on the Beneficial Owners is requested within the context of performing customer due diligence.

The press release can be found here.

Our recent blog post on the judgement of the European Court of Justice can be found here.