In order to attract investors, the Council of Ministers of Thailand has adopted, as of 9th June 2020, the resolution approving a bill of amendments to the Civil and Commercial Code (hereinafter, “Bill”) governing partnerships and limited companies to be further passed to the National Assembly and for the Royal signature of the King.
On 13th March 2020, Gibraltar incorporated the 5th EU Anti-Money Laundering Directive into the Proceeds of Crime Act 2015 (Amendment).
In Malta, an Act No. XXXI of 2020 has recently been adopted, which amends certain articles of the Companies Act, Chapter 386 of the Laws of Malta (the "Companies Act").
In Romania, companies may, under certain circumstances, no longer be required to submit annual statements of their beneficial owners. If the company is owned by individuals, it may not always be required to declare their identities as well.
Fields marked with an * are mandatory