No clarity yet about central shareholder register

Whether a central shareholder register (CAHR) is more reliable, efficient, and up-to-date than the UBO register depends on the specific design and potential uses of a yet-to-be-implemented CAHR. This is the response from Finance Minister Wopke Hoekstra to questions from the Socialist Party (SP). According to Hoekstra, the bill for a CAHR still needs further development.

Following research by Leiden University, the Socialist Party (SP) asked the government whether a CAHR could complement the UBO register. The minister confirmed that "the degree of overlap between the two registers is considered limited." However, the exact extent of the overlap cannot yet be specified, as the precise structure of the CAHR remains unclear.

Complexity
The cabinet needs to further develop the CAHR bill. The regulations still need to be drafted. Therefore, there is no clear understanding of the complexity of the legislation and regulations for a potential CAHR. According to Hoekstra, a comparison with the UBO register – which, according to the Socialist Party (SP), would be far more complex than the CAHR bill – is therefore not yet possible.