Public Notice 22022024 – Beneficial Ownership Form Update
Download Public-Notice-22022024-Beneficial-Ownership-Form-Update.png
The form is always available to download and submit on paper.
BIPA published this document as an image. The text below was read by machine and may contain errors — the downloadable file is authoritative.
BENEFICIAL OWNERSHIP
FORM UPDATE
——$—$— SSS“?
Dear Valued Client,
We wish to inform you of a recent update to our
Beneficial Ownership (BO) form requirements.
Effective immediately, we have amended the BO
form to remove the necessity for submitting proof of
residence for beneficial owners.
This decision has been made to streamline the
process, thereby enhancing efficiency and
convenience for our clients.
Furthermore, please be advised that by 29 February
2024, BIPA will no longer accept the old forms. We
urge all stakeholders to transition to the updated BO
form to ensure compliance with regulatory
requirements.
We appreciate your understanding and continued
support as we strive to improve our services and
regulatory compliance processes.
BENEFICIAL OWNERSHIP
FORM UPDATE
e 09 February 2024