In order to transpose the latest piece of EU AML legislation (Directive 2015/849), the Slovak Republic adopted a substantial amendment to its AML Act (Act No. 297/2008 Coll.) as well as several other acts, including the Act on Commercial Registry (Act No. 530/2003 Coll.). As of 1 November 2018, each newly incorporated company (with the exception of certain public law entities and publicly traded companies) has to register information on its ultimate beneficial owner; the companies must file such information by 31 December 2019. The information will be available only to state authorities and certain entities with duties, under the AML Act, to identify ultimate beneficial owners prior to rendering their services.
Interestingly, such registration does not replace the already existing duties to disclose ultimate beneficial owners under the separate Act on the Register of Partners of the Public Sector (Act No. 315/2016 Coll.; this act does not transpose any EU act) imposed on companies that wish to enter into contractual relations with the State or municipal bodies or entities under their control or that receive any subsidies from State or municipal budgets; this register continues to be public and available on the internet.