Regulatory Alerts2025-03-07
BO Implementation Timeline for Key Transactions
The regulator has released a phased implementation schedule mandating the systematic updating of company registers for directors, members, beneficial owners, and partners. Beginning in March 2025, entities must utilize single, batch, or global filing mechanisms to record changes, corrections, and exemption statuses across these registers. The compliance rollout concludes in July 2025, ensuring all transactional updates and exemption filings are accurately captured within the designated timelines.
BO Implementation Timeline for Key Transactions Published 7 March 2025 REGISTER OF DIRECTORS (ROD) Function Target Launch Date Amendment to Register of Directors - Notice of Changes (Single Filing) 16-Mar-25 Amendment to Register of Directors - Registration of Directors (Batch Filing) 3-Apr-25 Amendment to Register of Directors - Correction of Directors (Single Filing) 4-Apr-25 Amendment to Register of Directors - Correction of Directors (Global Change) 16-Apr-25 Amendment to Register of Directors - Notice of Changes (Global Change) 25-Apr-25 REGISTER OF MEMBERS (ROM) Function Target Launch Date Register of Member - Notice of Change Exemption 3-Apr-25 Register of Member - Correction of Member (Single Filing) 4-Apr-25 Register of Member - Registration of Member (Batch Filing) 4-Apr-25 Register of Member - Notice of Change Member (Single Filing) 1-May-25 Register of Member - Correction of Member (Global Change) 20-Jun-25 Register of Member - Notice of Change of Member (Global Change) 4-Jul-25 Register of Member - Notice of Change Cease Exemption and File Register of Members 11-Jul-25 Register of Member - Notice of Change Cease Register of Members and File Exemption 11-Jul-25 Page 1
BENEFICIAL OWNERSHIP INFORMATION (BO) Function Target Launch Date Beneficial Ownership - Correction of Exemption 11-Apr-25 Beneficial Ownership - Notice of Change – Cease Beneficial Ownership and File Exemption 11-Apr-25 Beneficial Ownership - Notice of Change Exemption 17-Apr-25 Beneficial Ownership - Registration of Beneficial Ownership (Batch Filing) 17-Apr-25 Beneficial Ownership - Correction of Beneficial Ownership (Single Filing) 28-Apr-25 Beneficial Ownership - Notice of Change of Beneficial Ownership (Single Filing) 16-May-25 Beneficial Ownership - Correction of Beneficial Ownership (Global Change) 4-Jun-25 Beneficial Ownership - Notice of Change of Beneficial Ownership (Global Change) 27-Jun-25 REGISTER OF LIMITED PARTNERS (ROLP) Function Target Launch Date Register of Limited Partners - Notice of Change Exemption 3-Apr-25 Register of Limited Partners - Notice of Change Limited Partners (Single Filing) 3-Apr-25 Register of Limited Partners - Notice of Change – Cease Limited Partners and File Exemption 3-Apr-25 Register of Limited Partners - Notice of Change – Cease Exemption and File Limited Partners 3-Apr-25 Register of Limited Partners - Correction of Limited Partners (Global Change) 24-Apr-25 Register of Limited Partners - Notice of Change Limited Partners (Global Change) 22-May-25 Page 2
REGISTER OF GENERAL PARTNERS (ROGP) Function Target Launch Date Register of General Partners - Notice of Change Exemption 3-Apr-25 Register of General Partners - Notice of Change General Partners (Single Filing) 3-Apr-25 Register of General Partners - Notice of Change – Cease General Partners and File Exemption 3-Apr-25 Register of General Partners - Notice of Change – Cease Exemption and File General Partners 3-Apr-25 Register of General Partners - Correction of General Partners (Global Change) 24-Apr-25 Register of General Partners - Notice of Change General Partners (Global Change) 22-May-25 Page 3