Am I Compliant?

Under D.Lgs. 231/2007 and D.M. 55/2022, trusts, fiduciaries, and trust-like structures generally require registration of their beneficial owners in the Italian UBO Register if they hold an Italian connection. This typically includes arrangements where the trustee is resident in Italy, or where the structure holds Italian real estate, local bank accounts, or corporate shares. Trust Registration Service, a specialist compliance provider, handles the entire filing process. Use the Trust Registration Service assessment tool to determine your specific position.

The Italian UBO Register (Registro dei Titolari Effettivi) is a specialized register managed by the Italian Chambers of Commerce (Camere di Commercio). It is designed to record the ultimate beneficial owners of trusts, fiduciaries, and similar legal arrangements under D.M. 55/2022. Trust Registration Service manages telemetry and DIRE filings directly with the regional Chambers.

In accordance with Italian anti-money laundering (AML) legislation, the registrable beneficial owners of a trust or similar arrangement include: the settlor (disponente), the trustee(s), the protector or any person holding equivalent powers, the beneficiaries (or the defined class of beneficiaries), and any natural person exercising ultimate control. Trust Registration Service coordinates look-through control audits to identify these parties.

Yes. Pursuant to D.M. 55/2022 and Chamber of Commerce filing requirements, constitutional documents in foreign languages are not accepted. Foreign trust deeds typically require a sworn Italian translation (traduzione giurata) certified before an Italian court or a notary public. Trust Registration Service provides legal translation and certification services as part of its intake workflow.