The Pensions Federation indicated that it was not pleased with the minister’s explanation which, in its opinion, will lead to an unnecessary administrative burden for pension funds.Last year, the industry organisation had already said that registering pension board members as UBOs was “not appropriate and disproportional”.As part of the EU’s anti money laundering policy, all EU member states must keep a register of ultimate stakeholders of legal bodies and entities, which is accessible for the police, tax authorities as well as the Public Prosecutor.It hadn’t been clear for a while whether pension fund trustees qualified as UBOs.Although they are board members of pension funds managing large amounts of money, they don’t own the pension funds or their assets.The Pensions Federation had also argued that asset managers also check their clients for money laundering risks and financing of terrorism. All trustees of Dutch pension funds must register as “ultimate beneficial owners” (UBOs) as part of the European Union’s policy against money laundering, the Dutch finance minister has said.Answering questions posed by the Christian Democrats (CDA) in the senate, Wopke Hoekstra said he didn’t want to make an exception for board members of pension funds.However, he acknowledged that it was unlikely that pension funds harboured natural persons who qualified as UBOs based on interests as an owner, voting rights or right of say.If an UBO at a pension fund can’t be clearly identified, the scheme’s entire board must be registered as a “pseudo UBO”, Hoekstra stated.
Daniel and MajellaDaniel O’Donnell says he is looking forward spending his first anniversary with wife Majella – despite 13 years of marriage!The Strictly Come Dancing star celebrates his wedded bliss tomorrow but revealed this is the first time that they have time to spend it together.“At the moment Majella and I are back in Tenerife. On Wednesday the 4th we will celebrate our 13th wedding anniversary. It is the first time since we got married that we have actually been off and not travelling,” he said. The 53 year old star, who had taken a year out of showbusiness, is relaxing after a whirlwind two months appearing on the BBC celebrity dancing show.“I know I was meant to be on a break but to be honest, when the request to take part in ‘Strictly Come Dancing’ came my way, it was too good to turn down. I never thought that I would be as nervous as I was when I had to dance in the live shows every Saturday night. I can’t really explain why, especially as I’ve been performing on stage for over 30 years now.“I suppose the fact of the matter was I was just out of my comfort zone. Even though I love social dancing, having to learn and perform a choreographed piece is very different. That being said the experience was amazing. Getting to meet all of the other celebrities, the dancers and indeed everybody behind the scenes was just brilliant. To all of you who voted for Kristina and I, thank you. To those of you who watched all over the world, thank you for your support.”Daniel also said he was honoured to be asked to appear on the recent Late Late Show Country Music Special and hopes Ryan Tubridy hosts another such show. “The night was dedicated to country music. It certainly was a wonderful evening where a lot of the performers from the past to the present day gathered to celebrate the wonderful music we enjoy in Ireland.“Those gathered were only a fraction of all the entertainers who have contributed to country music down through the years. I think it’s important to remember that every singer has made their own contribution to what county music is in Ireland today. I hope the show will be repeated sometime in the future and that some of the singers who were not able to be part of that show will be there next time.”Daniel now plans to relax in Tenerife were they will be joined by Majella’s daughter Siobhan, her husband Gavin and their new-born baby Olivia.DANIEL IS LOOKING FORWARD TO FIRST ANNIVERSARY – AFTER 13 YEARS OF MARRIAGE! was last modified: November 3rd, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:daniel o’donnelldonegalmarriage