Information collection, sharing, availability
We commit to improving the transparency of the beneficial ownership of legal persons and legal arrangements to prevent misuse of these entities and arrangements for corruption, tax evasion, terrorist financing and money laundering.
Themes: Beneficial ownership
Last updated: October 2018
Concrete: Other | New: Other | Ambitious: Other
Presidential Regulation Number 13/2018: Implementation of Know your beneficial owner principle by corporations to prevent and eradicate money laundering and financing of terrorism
"To prevent and eradicate corruption, specifically the crime of money laundering and terrorism financing, the government has issued Presidential Regulation Number 13 of 2018 on the Implementation of Know your Beneficial Owner Principle Regulation Number 13 of 2018 on the Implementation of Know Your Beneficial Owner Principle by Corporations to Prevent and Eradicate Money Laundering and Financing of Terrorism (Regulation 13/2018). In Regulation 13/2018, every corporation is required to disclose its beneficial owner. "