New Disclosure Obligations Of Private Data For Family Companies

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In summer 2016 new legislation will go into effect that may affect the privacy of shareholders of family businesses.

Netherlands Corporate/Commercial Law

Constantijn Voogt and Birgit Snijder-Kuipers

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In summer 2016 new legislation will go into effect that may affect the privacy of shareholders of family businesses. This legislation aims to prevent money laundering and terrorist financing via complex legal business structures. This legislation mainly affects family and other (unlisted) companies with major shareholders. The proposed amendments and their consequences are briefly explained in this article (Dutch only).

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Authors

Constantijn Voogt

Birgit Snijder-Kuipers

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New Disclosure Obligations Of Private Data For Family Companies

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Corporate/Commercial Law

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Netherlands