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Lei n.o 89/2017

Law No. 89/2017

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Summary

This Law aims to prevent corruption. Companies are obliged to maintain an updated record of information on the direct shareholders, natural persons that are indirectly shareholders and the ultimate beneficial owner. Apart from this, shareholders are also obliged to provide information to the companies on any changes on the identification elements provided.

Issuer

Portugal

Year

2017

Region

Europe

Issuer (type)

Assembly of the Republic (Government)

Instrument type

Law

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • Very High 1.61%
    • Low 0.04%
    • E focus: conservation
    • Administrative services, Construction, Finance, Management, Manufacturing, Public administration, Transportation