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These Regulations may be cited as the Beneficial Ownership Transparency (Amendment) Regulations, 2025. 2. Amendment of regulation 3 of the Beneficial Ownership Transparency Regulations, 2024 - duty of a legal person to provide additional matters to corporate services provider 2. The Beneficial Ownership Transparency Regulations, 2024, in these Regulations referred to as the \u201cprincipal Regulations\u201d,  are amended in regulation 3 by repealing paragraph (2) and substituting the following paragraph \u2014 \u201c(2) Where a registrable beneficial owner, the senior managing official or a trustee identified in accordance with section 4(3) of the Act is deceased and for that reason has ceased to function in the respective role, the legal person shall provide the date of death in writing to its corporate services provider.\u201d. Regulation 3 Beneficial Ownership Transparency (Amendment) Regulations, 2025 SL 16 of 2025 3. Amendment of regulation 4 - additional matters where an identified registrable beneficial owner's particulars are not confirmed 3. The principal Regulations are amended in regulation 4 as follows \u2014 (a) in paragraph (1) as follows \u2014 (i) in subparagraph (a), by inserting after the words \u201cregistrable beneficial owner\u201d the words \u201c, the senior managing official or a trustee identified in accordance with section 4(3) of the Act\u201d; and (ii) in subparagraph (b), by inserting after the words \u201cregistrable beneficial owners\u201d the words \u201c, the senior managing official or the trustees identified in accordance with section 4(3) of the Act\u201d; and (b) in paragraph (2)(b), by deleting the words \u201cof that beneficial owner\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_4\", \"num\": \"4.\", \"text\": \"Amendment of regulation 19 - holding an interest in a legal person directly 4. The principal Regulations are amended in regulation 19(1) by repealing paragraph (b) and substituting the following paragraph \u2014 \u201c(b) A holds, directly, interests or voting rights in B; or\u201d. 5. Amendment of regulation 22 - required particulars of senior managing officials and trustees 5. The principal Regulations are amended by repealing regulation 22 and substituting the following regulation \u2014 \u201cRequired particulars of certain persons\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_22\", \"num\": \"22.\", \"text\": \"(1) The required particulars of the senior managing official identified in accordance with section 4(4) of the Act shall be entered in the beneficial ownership register in accordance with section 12(5) of the Act. (2) The required particulars of the trustee identified in accordance with section 4(3) of the Act, unless the trustee meets the definition of a reportable legal entity, are \u2014 (a) the required particulars of an individual as set out in section 12(5) of the Act; or (b) where the trustee is a corporate trustee, the required particulars set out in section 12(6) of the Act, the name of the individual to be contacted, the individual\u2019s email address and telephone number. (3) The required particulars of persons considered as individuals under section 2(2) of the Act are \u2014 (a) the required particulars set out in section 12(6) of the Act; and Beneficial Ownership Transparency (Amendment) Regulations, 2025 Regulation 6 SL 16 of 2025 (b) the name of the individual to be contacted, the individual\u2019s email address and telephone number.\u201d. 6. Amendment of Schedule 1 - administrative fines 6. The principal Regulations are amended in Schedule 1 by inserting after item 6 the following item \u2014 \u201cItem number Relevant provision Description of breach 6A. Section 12(8) Failure of the legal person to provide requested beneficial ownership information\u201d. Made in Cabinet the 25th day of February, 2025. 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additional matters where an identified registrable beneficial\nowner's particulars are not confirmed .........................................................................................6\n4.\nAmendment of regulation 19 - holding an interest in a legal person directly ...............................6\n5.\nAmendment of regulation 22 - required particulars of senior managing officials and\ntrustees......................................................................................................................................6\n6.\nAmendment of Schedule 1 - administrative fines........................................................................7\n\nBeneficial Ownership Transparency (Amendment) Regulations, 2025\nRegulation 1\n\nc\nSL 16 of 2025\nPage 5\n\nCAYMAN ISLANDS\n\nBeneficial Ownership Transparency Act, 2023\n(Act 13 of 2023)\nBENEFICIAL OWNERSHIP TRANSPARENCY\n(AMENDMENT) REGULATIONS, 2025\n(SL 16 of 2025)\nIn exercise of the powers conferred by section 30 of the Beneficial Ownership\nTransparency Act, 2023, the Cabinet makes the following Regulations \u2014\n1.\nCitation\n1.\nThese Regulations may be cited as the Beneficial Ownership Transparency\n(Amendment) Regulations, 2025.\n2.\nAmendment of regulation 3 of the Beneficial Ownership Transparency\nRegulations, 2024 - duty of a legal person to provide additional matters to\ncorporate services provider\n2.\nThe Beneficial Ownership Transparency Regulations, 2024, in these Regulations\nreferred to as the \u201cprincipal Regulations\u201d,  are amended in regulation 3 by repealing\nparagraph (2) and substituting the following paragraph \u2014\n\u201c(2) Where a registrable beneficial owner, the senior managing official or a trustee\nidentified in accordance with section 4(3) of the Act is deceased and for that\nreason has ceased to function in the respective role, the legal person shall\nprovide the date of death in writing to its corporate services provider.\u201d.\n\nRegulation 3\nBeneficial Ownership Transparency (Amendment) Regulations, 2025\n\nPage 6\nSL 16 of 2025\nc\n\n3.\nAmendment of regulation 4 - additional matters where an identified\nregistrable beneficial owner's particulars are not confirmed\n3.\nThe principal Regulations are amended in regulation 4 as follows \u2014\n(a)\nin paragraph (1) as follows \u2014\n(i)\nin subparagraph (a), by inserting after the words \u201cregistrable\nbeneficial owner\u201d the words \u201c, the senior managing official or a\ntrustee identified in accordance with section 4(3) of the Act\u201d; and\n(ii) in subparagraph (b), by inserting after the words \u201cregistrable\nbeneficial owners\u201d the words \u201c, the senior managing official or the\ntrustees identified in accordance with section 4(3) of the Act\u201d; and\n(b) in paragraph (2)(b), by deleting the words \u201cof that beneficial owner\u201d.\n4.\nAmendment of regulation 19 - holding an interest in a legal person directly\n4.\nThe principal Regulations are amended in regulation 19(1) by repealing paragraph\n(b) and substituting the following paragraph \u2014\n\u201c(b) A holds, directly, interests or voting rights in B; or\u201d.\n5.\nAmendment of regulation 22 - required particulars of senior managing\nofficials and trustees\n5.\nThe principal Regulations are amended by repealing regulation 22 and substituting\nthe following regulation \u2014\n\u201cRequired particulars of certain persons\n22. (1) The required particulars of the senior managing official identified in\naccordance with section 4(4) of the Act shall be entered in the\nbeneficial ownership register in accordance with section 12(5) of the\nAct.\n(2) The required particulars of the trustee identified in accordance with\nsection 4(3) of the Act, unless the trustee meets the definition of a\nreportable legal entity, are \u2014\n(a)\nthe required particulars of an individual as set out in section\n12(5) of the Act; or\n(b) where the trustee is a corporate trustee, the required particulars\nset out in section 12(6) of the Act, the name of the individual to\nbe contacted, the individual\u2019s email address and telephone\nnumber.\n(3) The required particulars of persons considered as individuals under\nsection 2(2) of the Act are \u2014\n(a)\nthe required particulars set out in section 12(6) of the Act; and\n\nBeneficial Ownership Transparency (Amendment) Regulations, 2025\nRegulation 6\n\nc\nSL 16 of 2025\nPage 7\n\n(b) the name of the individual to be contacted, the individual\u2019s\nemail address and telephone number.\u201d.\n6.\nAmendment of Schedule 1 - administrative fines\n6.\nThe principal Regulations are amended in Schedule 1 by inserting after item 6 the\nfollowing item \u2014\n\n\u201cItem number\nRelevant provision\nDescription of breach\n6A.\nSection 12(8)\nFailure of the legal person to\nprovide requested beneficial\nownership information\u201d.\nMade in Cabinet the 25th day of February, 2025.\n Kim Bullings\nClerk of the Cabinet","akn_extracted_at":"2026-06-22 15:41:18.638889+00","cms_id":"2025-0016","law_type":"amending","year":"2025","number":"16","title":"Beneficial Ownership Transparency (Amendment) Regulations, 2025 (SL 16 of 2025)","status":"spent"},"provenance":{"files":[{"file_id":"6847","expr_id":"2069","kind":"akn_xml","filename":"2025-0016.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/AMENDING\/2025\/2025-0016\/2025-0016.akn.xml","content_md5":"94522ec01e9d54689c86d48fee6cb50c","byte_size":"8206","http_last_modified":null,"fetched_at":"2026-06-22 15:41:18.70034+00"},{"file_id":"4137","expr_id":"2069","kind":"pristine_pdf","filename":"2025-0016.pdf","source_url":"\/cms\/images\/LEGISLATION\/AMENDING\/2025\/2025-0016\/2025-0016.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/AMENDING\/2025\/2025-0016\/2025-0016.pdf","content_md5":"df9fe424ab4e82668002f6d5a8555b98","byte_size":"273502","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.196852+00"},{"file_id":"4138","expr_id":"2069","kind":"working_pdf","filename":"2025-0016.pdf","source_url":"\/cms\/images\/LEGISLATION\/AMENDING\/2025\/2025-0016\/2025-0016.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/AMENDING\/2025\/2025-0016\/2025-0016.pdf","content_md5":"df9fe424ab4e82668002f6d5a8555b98","byte_size":"273502","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.196852+00"}],"paragraph_count":2,"latest_history":null},"quality":{"expr_id":"2069","doc_id":"2069","quality_state":"needs_review","quality_score":"76","needs_human_review":"t","deterministic_categories":"{duplicate_text,page_header_footer_noise}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture}","finding_severity_counts":"{\"medium\": 2}","finding_summary":"repeated line furniture detected: cayman islands x3; beneficial ownership transparency act 2023 x3; act 13 of 2023 x3; duplicate-line ratio is 17.39%","assessed_at":"2026-06-22 15:29:46.2583+00","updated_at":"2026-06-22 15:29:46.2583+00"}}