Austria (AT)

Jurisdiction Overview

480 *BO Update: Is the update of beneficial ownership information mandatory for all partners? Yes
 Data Date: 2018


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).
The 2017 law requires beneficial ownership to be updated (


GF 2018: 33; 36