A significant new regulatory requirement came into force in Barbados on 1 September 2026.  The new Beneficial Ownership Transparency and Register Act, 2026 (“BOTRA”) will require companies, SRLs, limited partnerships and external companies to identify, verify and report beneficial ownership information within a limited compliance period.

Vistra Barbados recommends that entities begin preparing now, particularly if their ownership or control structure is complex.

Below is Vistra's Client Alert outlining the key requirements of BOTRA, potential consequences of non-compliance, and practical steps organisations should consider taking.

Click to read the Client Alert in full:

Vistra Barbados is available to assist with beneficial ownership assessments, ownership and control analysis, verification requirements, and required filings. Given the short implementation timeline, we encourage you to contact your usual Vistra representative immediately to determine what actions are required to ensure timely compliance.