Ministry of Economy has announced that misdemeanor reports will be filed against legal entities that do not register the ultimate owners in the Central Registry, and requests for instituting misdemeanor proceedings will be filed by the Agency for Business Registers (APR) after the prescribed deadline. The fine for this type of offense ranges from 500,000 to 2,000,000 dinars for legal entities, while the responsible person (legal representative) is provided with a fine of 50,000 to 150,000 dinars.

Otherwise, at the beginning of 2019, amendments to the Law on the Central Registry of Real Owners, which, among other things, prescribe misdemeanor liability for registered entities that do not register by January 31, will enter into force.