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iol: Is a once-off beneficial ownership register sufficient?

Phia van der Spuy looks into the new and complex need to register beneficial owners. She questions whether the hasty move by some service providers to give trustees a once-off beneficial ownership register is the way to proceed.

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Phia is a CA with a Masters degree in tax, an FPSA®, a Chartered Tax Adviser, a Trust & Estate Practitioner and the founder of Trusteeze, the provider of a digital trust solution.