The Ministry of Justice of the Slovak Republic explains the exhaustively defined verification events in the process of verifying the identity of the ultimate beneficiary in the RPVS. The opinion clarifies why the system does not allow for voluntary verification outside the grounds specified by law under Section 11(2)(c), (d), and (e) of the ZRPVS.
Due to legislative changes, this article is no longer current.
When verifying the identification of the ultimate beneficial owner, the RPVS electronic services system currently offers a choice of only three options, or reasons, for which the identification of the ultimate beneficial owner is carried out (pursuant to Section 11(2)(c), (d), and (e)), namely:
- as of December 31 of the calendar year,
- in connection with the conclusion of a contract or an amendment thereto,
- in connection with the performance of the contract.
OPINION OF THE MINISTRY OF JUSTICE OF THE SLOVAK REPUBLIC:
The ZRPVS defines verification events exhaustively and does not allow for the possibility of verifying identification “voluntarily,” i.e., in cases where these verification events have not occurred. Therefore, the aforementioned request to amend the form and add a reason for verifying the identification of the end-user of the benefits cannot be accepted.
