--- title: Afriwise Blog | Beneficial ownership description: Beneficial ownership | --- [![Afriwise](https://insights.afriwise.com/hubfs/Logos/Afriwise/Afriwise%20logo.svg)](https://afriwise.com/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [About Afriwise](https://afriwise.com/about-afriwise/) - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) - [Insights](https://insights.afriwise.com/blog) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [Solutions](https://afriwise.com/solutions/) - [About Afriwise](https://afriwise.com/about-afriwise/) - Insights - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) # Welcome to Africa’s legal blog Never miss a beat on Africa's legal and regulatory landscape. - [Legislation (287)](https://insights.afriwise.com/blog/tag/legislation) - [South Africa (227)](https://insights.afriwise.com/blog/tag/south-africa) - [Nigeria (157)](https://insights.afriwise.com/blog/tag/nigeria) - [Kenya (151)](https://insights.afriwise.com/blog/tag/kenya) - [Financial Services (128)](https://insights.afriwise.com/blog/tag/financial-services) - [ICT (106)](https://insights.afriwise.com/blog/tag/ict) - [Tanzania (102)](https://insights.afriwise.com/blog/tag/tanzania) - [Regulation (87)](https://insights.afriwise.com/blog/tag/regulation) - [Corporate Commercial (84)](https://insights.afriwise.com/blog/tag/corporate-commercial) - [Tax (84)](https://insights.afriwise.com/blog/tag/tax) - [Case discussion (78)](https://insights.afriwise.com/blog/tag/case-discussion) - [Uganda (66)](https://insights.afriwise.com/blog/tag/uganda) - [Intellectual Property (58)](https://insights.afriwise.com/blog/tag/intellectual-property) - [Energy & Natural Resources (57)](https://insights.afriwise.com/blog/tag/energy-natural-resources) - [Ghana (55)](https://insights.afriwise.com/blog/tag/ghana) - [Employment and labour (52)](https://insights.afriwise.com/blog/tag/employment-and-labour) - [Data Protection (49)](https://insights.afriwise.com/blog/tag/data-protection) - [Mozambique (49)](https://insights.afriwise.com/blog/tag/mozambique) - [Commercial Crime (48)](https://insights.afriwise.com/blog/tag/commercial-crime) - [Competition/Antitrust (48)](https://insights.afriwise.com/blog/tag/competition-antitrust) - [Dispute Resolution (47)](https://insights.afriwise.com/blog/tag/dispute-resolution) - [Mauritius (46)](https://insights.afriwise.com/blog/tag/mauritius) - [Environment (44)](https://insights.afriwise.com/blog/tag/environment) - [Zambia (38)](https://insights.afriwise.com/blog/tag/zambia) - [Projects and Procurement (26)](https://insights.afriwise.com/blog/tag/projects-and-procurement) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Mauritius](https://insights.afriwise.com/blog/tag/mauritius) [Legislation](https://insights.afriwise.com/blog/tag/legislation) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [BLC Robert](https://insights.afriwise.com/blog/author/blc-robert) ## [The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act – Beneficial Ownership Information](https://insights.afriwise.com/blog/the-anti-money-laundering-and-combatting-the-financing-of-terrorism-and-proliferation-miscellaneous-provisions-act-beneficial-ownership-information) The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act was passed by the National Assembly on 18 July 2024. The Act amends a series of legislation to ensure that the country further complies with international .. [Read More](https://insights.afriwise.com/blog/the-anti-money-laundering-and-combatting-the-financing-of-terrorism-and-proliferation-miscellaneous-provisions-act-beneficial-ownership-information) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Mozambique](https://insights.afriwise.com/blog/tag/mozambique) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [Sal & Caldeira Advogados](https://insights.afriwise.com/blog/author/sal-caldeira-advogados) ## [Beneficiary Owner Registration Under the New Regulation on the Registration of Legal Entities](https://insights.afriwise.com/blog/beneficiary-owner-registration-under-the-new-regulation-on-the-registration-of-legal-entities) With the entry into force on 8 March 2024 of the New Regulation on the Registration of Legal Entities, recently approved by Decree-Law no. 1/2024, of 8 March, all companies, consortia, representations of national or foreign entities must, within 90 days from 8 March 2024,.. [Read More](https://insights.afriwise.com/blog/beneficiary-owner-registration-under-the-new-regulation-on-the-registration-of-legal-entities) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Tanzania](https://insights.afriwise.com/blog/tag/tanzania) [Regulation](https://insights.afriwise.com/blog/tag/regulation) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [Trusts](https://insights.afriwise.com/blog/tag/trusts) [FB Attorneys](https://insights.afriwise.com/blog/author/fb-attorneys) ## [Trustees’ Beneficial Ownership Rules Issued](https://insights.afriwise.com/blog/trustees-beneficial-ownership-rules-issued) On 29 February 2024, the Minister for Constitutional and Legal Affairs issued procedures for submission of information of Beneficial Ownership vide the Trustees’ Incorporation (Transparency of Beneficial Ownership) Rules 2024, GN No. 139A of 2024. These Rules impose manda.. [Read More](https://insights.afriwise.com/blog/trustees-beneficial-ownership-rules-issued) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [Reporting](https://insights.afriwise.com/blog/tag/reporting) [Webber Wentzel](https://insights.afriwise.com/blog/author/webber-wentzel) ## [Another reminder from the Companies and Intellectual Property Commission on beneficial ownership filings](https://insights.afriwise.com/blog/another-reminder-from-the-companies-and-intellectual-property-commission-on-beneficial-ownership-filings) A second customer notice from the CIPC reminds companies to file the required beneficial ownership and beneficial interest information and notes that enforcement action may be taken against continuously non-compliant companies. On 6 February 2024, the Companies and Intell.. [Read More](https://insights.afriwise.com/blog/another-reminder-from-the-companies-and-intellectual-property-commission-on-beneficial-ownership-filings) [Kenya](https://insights.afriwise.com/blog/tag/kenya) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [Regulations](https://insights.afriwise.com/blog/tag/regulations) [ENS](https://insights.afriwise.com/blog/author/ens) ## [Access to beneficial ownership information in Kenya: private companies](https://insights.afriwise.com/blog/access-to-beneficial-ownership-information-in-kenya-private-companies) Kenya’s Statute Law (Miscellaneous Amendments) Act, 2019, made amendments to the Companies Act, 2015, by introducing Section 93A which requires every company registered in Kenya to keep a register of its beneficial owners and file a copy with the Registrar of Companies wi.. [Read More](https://insights.afriwise.com/blog/access-to-beneficial-ownership-information-in-kenya-private-companies) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Legislation](https://insights.afriwise.com/blog/tag/legislation) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [Rams Attorneys](https://insights.afriwise.com/blog/author/rams-attorneys) ## [May the real shareholder please stand up](https://insights.afriwise.com/blog/may-the-real-shareholder-please-stand-up) On 1 April 2023, amendments to the Companies Act 71 of 2008 (the Companies Act) came into effect. One of the key amendments is in respect of s 56, which deals with beneficial interest and ownership in shares. Previously, s 56 of the Companies Act allowed for a company’s s.. [Read More](https://insights.afriwise.com/blog/may-the-real-shareholder-please-stand-up) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Tanzania](https://insights.afriwise.com/blog/tag/tanzania) [Regulation](https://insights.afriwise.com/blog/tag/regulation) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [FB Attorneys](https://insights.afriwise.com/blog/author/fb-attorneys) ## [Ministry issues Partnership Beneficial Ownership Regulations](https://insights.afriwise.com/blog/ministry-issues-partnership-beneficial-ownership-regulations) On 22 September 2023, the Minister for Industry and Trade issued detailed procedures for submission of information of Beneficial Ownership (BO) vide the Business Names (Beneficial Ownership) Regulations, 2023, GN No. 714 of 2023 (the Regulations). [Read More](https://insights.afriwise.com/blog/ministry-issues-partnership-beneficial-ownership-regulations) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Commercial Crime](https://insights.afriwise.com/blog/tag/commercial-crime) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Regulation](https://insights.afriwise.com/blog/tag/regulation) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [The Beneficial Ownership Register: implementing the Financial Action Task Forces recommendations on money laundering and terrorism financing in Nigeria](https://insights.afriwise.com/blog/the-beneficial-ownership-register-implementing-the-financial-action-task-forces-recommendations-on-money-laundering-and-terrorism-financing-in-nigeria) Section 119 of the Companies and Allied Matters Act (“CAMA”) 2020, in conjunction with the Persons with Significant Control Regulations (“PSC Regulations”) 2022, requires companies, Limited Liability Partnerships (“LLPs”), and by extension, foreign exempted companies unde.. [Read More](https://insights.afriwise.com/blog/the-beneficial-ownership-register-implementing-the-financial-action-task-forces-recommendations-on-money-laundering-and-terrorism-financing-in-nigeria) [Commercial Crime](https://insights.afriwise.com/blog/tag/commercial-crime) [South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Beneficial ownership](https://insights.afriwise.com/blog/tag/beneficial-ownership) [Trusts](https://insights.afriwise.com/blog/tag/trusts) [Fasken](https://insights.afriwise.com/blog/author/fasken) ## [Unmasking trust ownership: The introduction of beneficial ownership registers in South Africa](https://insights.afriwise.com/blog/unmasking-trust-ownership-the-introduction-of-beneficial-ownership-registers-in-south-africa) Between April 2019 and June 2021, South Africa underwent a mutual evaluation of its anti-money laundering and counter-financing of terrorism controls, which culminated in the publication of the Mutual Evaluation Report (“MER”) by t.. [Read More](https://insights.afriwise.com/blog/unmasking-trust-ownership-the-introduction-of-beneficial-ownership-registers-in-south-africa) [1](https://insights.afriwise.com/blog/tag/beneficial-ownership/page/1) [2](https://insights.afriwise.com/blog/tag/beneficial-ownership/page/2) [Next](https://insights.afriwise.com/blog/tag/beneficial-ownership/page/2) Subscribe to our newsletter - [Home](https://afriwise.com/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [Solutions](https://afriwise.com/solutions/) - [About Afriwise](https://afriwise.com/about-afriwise/) - [FAQ](https://afriwise.com/faq/) - [News](https://news.afriwise.com/) - [Contact](https://afriwise.com/contact/) [Privacy Policy](https://afriwise.com/contact/) [Terms of Use](https://afriwise.com/contact/) [info@afriwise.com](mailto:info@afriwise.com) +32 2 808 92 74 © Afriwise N.V. 2026