New disclosure obligations of private data for family companies

Next year, a new legislation will come into effect which 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.

Country: Netherlands

Domains: Privacy

Stakeholder: Government

Tags: data protection, family businesses, Netherlands, new legislation, privacy

Posted on Tuesday 3 March 2015

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