Austria (AT)

Jurisdiction Overview

IDQuestionAnswer
384 *Is it mandatory to update the identity of those related parties (e.g. founders, council members, etc.) that have to be registered? Yes
 Data Date: 2018

Notes

 
In 2018, the Global Forum informed that "the legal entities must carry out a review of the due diligence at least once a year, and check whether the beneficial owners listed in the Register are still up-to-date" (GF 2018: 33); also, "amendments to the information supplied must be submitted within four weeks of obtaining knowledge of the change" (Ibid.: 36).

Sources

GF 2018: 33; 36
 
GF 2015: 53