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  • Article (16)

    • Domestic and international cooperation

      1. The Ministry shall, upon a request from the Relevant Entities, provide to the Relevant Entities the basic information required under Clause (1) of Article (4) hereof and the data contained in the Register of Beneficial Owner and Register of Partners or Shareholders.
         
      2. The Ministry shall provide international cooperation in respect of the basic information on the Legal Person and the data contained in the Register of Beneficial Owner and Register of Partners or Shareholders. Such cooperation shall include:
        1. Facilitate the access of foreign authorities to the basic information contained in the registers of the Legal Person.
        2. Exchange data and information of the partners or shareholders of the Legal Person.
        3. Exercise its powers to obtain all the beneficial owner data on behalf of its counterpart foreign entities.
           
      3. The Ministry shall supervise the quality of implementation of international cooperation operations received by the other states in relation to the requests for basic information on the Legal Persons and the data in respect of the Beneficial Owner of the Legal Persons, and international cooperation requests on the whereabouts of the Beneficiary Owner abroad.