Back to overview

Law no. 89/2017, August 21

Portugal Current 2017

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.

Organizations covered by the instrument

Large private and listed companies

Industry scope

All/none specified

Disclosure venue

data disclosure to government

ESG coverage- G (Governance)

Accountability, Anti-Corruption and Anti-Competitive Behaviour

Status

Current

Country

Portugal

Region

Europe

Date of publication

2017

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Go to the instrument