KUALA LUMPUR, April 1 (Bernama) -- Companies Commission of Malaysia (SSM) today launched a new system, the Electronic Beneficial Ownership System (e-BOS), which aims to submit the company's beneficial ownership information.
SSM in a statement said the launch of e-BOS is in line with the company's obligation to identify, acquire, record, update and submit beneficial ownership information with the Registrar as outlined in the 'Guideline for the Reporting Framework for Beneficial Ownership of Companies' effective April 1, 2024.
According to the statement, e-BOS can be accessed via the link ssm4u.com.my while the 'Guideline for the Reporting Framework for Beneficial Ownership of Companies' can be accessed on the SSM Official Portal, www.ssm.com.my.
"With the launch of e-BOS, the transition period introduced on March 1, 2020 through the 'Guideline for the Reporting Framework for Beneficial Ownership of Legal Persons' has been abolished in line with the enforcement of the Companies (Amendment) Act 2024 on April 1, 2024.
"Among the services offered through e-BOS is the notification of beneficial ownership or senior management information as well as the rectification of beneficial ownership or senior management information," he said.
People who want to get more information about e-BOS can visit SSM's official portal at the link www.ssm.com.my regarding the submission procedure and user guide manual.
-- BERNAMA
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