Article 58 › 4

Member States shall notify to the Commission by 10 October 2027 a list of types of legal arrangements similar to express trusts which are governed under their law. The notification shall be accompanied by a description of: (a) the form and basic features of those legal arrangements; (b) the process through which those legal arrangements can be set up; (c) the process for accessing basic information and beneficial ownership information on those legal arrangements; (d) the websites at which the central registers containing information on beneficial owners of those legal arrangements can be consulted and the contact details of the entities in charge of those registers. The notification shall also be accompanied by a justification detailing the reasons why the Member State considers the notified legal arrangements to be similar to express trusts and why it concluded that other legal arrangements governed under its law are not similar to express trusts.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04