LIVe webinar

Navigating Beneficial Ownership Law in Trinidad and Tobago

Are you aware of the Companies (Amendment) Act (CAA), which became law in 2019? Simply, it is a legal obligation for companies to disclose their beneficial owners using newly published and prescribed forms.

Once successfully implemented, and with high compliance rates by companies, this legal obligation would give Trinidadian law enforcement agencies and other government bodies access to detailed information on who really owns companies and who ultimately benefits from transactions. Public disclosure of this information benefits a range of other stakeholders, including companies themselves.

Understandably, the COVID-19 pandemic has delayed implementation for several years. However, the time has come to take action and uphold country-wide standards for beneficial ownership. Do you know your way around beneficial ownership legislation?

Registration for this event is now closed. Please click below to view the recording and download the toolkit and slides.

 

This FREE webinar provides prescriptive guidance, as well as the key facts law enforcement officers should know, including:

  • Who is a beneficial owner?

  • How to report to the Registrar General on the beneficial ownership of shares

  • The 7 forms companies need to complete to identify their beneficial owners, submit information, and notify of changes

  • The penalties for non-compliance

The session will wrap with a vigorous Q&A segment so you can hear directly from other stakeholders.

This free webinar takes place on Tuesday, July 19, 2022 at 10 a.m. Register today!

Meet our presenters:

Featured
Michael Barron
Michael Barron

I am an acknowledged international expert on beneficial ownership transparency (BOT). I have delivered BOT projects in Azerbaijan, China, Ethiopia, Ghana, Mongolia, Nigeria, Senegal, South Africa, Trinidad & Tobago and the UK as well as engaging on BOT issues in Armenia, France, Georgia, Germany, Kenya, Ukraine and the USA. This has included delivering projects for EITI and Open Ownership. I have undertaken peer reviews of Open Ownership papers and acted as an expert witness for a public enquiry in Canada. I am also an expert consultant to the EU AML/CFT Global Facility, the Council of Europe Economic Crime and Cooperation Division, and a member of the B20 Integrity and Compliance Taskforce

Based on this experience, I am a co-founder of the BO6 framework for the design and implementation of beneficial ownership reporting processes.

I bring more than 25 years’ experience much of it in the energy and natural resources sectors. I am former member of the UK EITI MSG. I have extensive experience of engaging with governments, private companies, state-owned enterprises and civil society organizations. I worked for more than 12 years as a government relations manager for the FTSE 100 oil and gas company, BG Group (British Gas) including postings in Cairo, Muscat, Bangkok and on the Gaza Marine project team as well as leading on transparency issues and the relationship with EITI.

Tim Law
Tim Law

I am a UK Chartered Accountant and international expert on beneficial ownership transparency (BOT) having delivered projects in Azerbaijan, China, Ethiopia, Ghana, Mongolia, Nigeria, Senegal, South Africa, Trinidad & Tobago and the UK. I have delivered projects for EITI, Open Ownership and research and advocacy organizations in Africa and the Americas. I have undertaken peer reviews of Open Ownership papers and acted as an expert witness for a public enquiry in Canada. I am also an expert consultant to the EU AML/CFT Global Facility, the Council of Europe Economic Crime and Cooperation Division, and a member of the B20 Integrity and Compliance Taskforce

I am a co-founder of the BO6 framework for the design and implementation of beneficial ownership reporting processes.

I have extensive experience of developing, designing and implementing reporting systems for financial and non-financial data. I worked for more than 12 years as a global tax reporting and transparency expert for the FTSE 100 mining company, Anglo American.

Lee Robins
Lee Robins

Service Manager for Intelligence & Enforcement, Chartered Manager and career civil servant with over 30 years’ experience in Companies House. In January 2016 Lee worked on the People with Significant Control (PSC) legislation, setting up and leading the Companies House compliance efforts. In 2018 he was heavily involved in the UK’s successful FATF assessment and in 2019-20 he led the Companies House elements of the 5MLD transposition concerning discrepancy reporting. In his current role he is now working hard to prepare for the challenges that will come from the biggest changes that Companies House has seen since 1844.