IRU Circular 15/2026: UBO Updates and the 30 July Deadline

Action at a glance

What this instrument asks you to do

Update disclosed beneficial ownership data through MOCI and assemble the documents specified by IRU, including the applicable beneficial-owner extract and shareholder or ownership records. Circular 15/2026 set 30 July 2026 as the latest delivery date at IRU's premises. If submission remains outstanding, document the gap and promptly confirm the remediation route with IRU; do not assume an extension.

1. 01

   Comply with MOCI Decision 4/2023 on beneficial-owner identification procedures and its amendments; update disclosed UBO data through MOCI's portal.

   Citation · Circular p. 1, items 1–2.

2. 02

   Provide the post-update MOCI beneficial-owner extract, except for wholly Kuwaiti/foreign government-owned companies and legal entities listed on local/international exchanges as specified; also provide an up-to-date shareholder register for joint-stock companies, and a MOCI ownership-percentage extract for other entities.

   Citation · Circular p. 1, item 3, three document bullets. Check which documents apply to your entity.

3. 03

   Deliver the documents at IRU's premises no later than 30 July 2026.

   Citation · Circular p. 1, item 4, bold date.

Dates and applicability

Timing, grace period and deadline

1. 01

   Assess entity scope and which item 3 documents apply, including any extract-specific exception.

   Suggested owner

   Corporate secretary and compliance officer

   Evidence to retain

   Licence/entity records and a document applicability checklist with exception rationale.

   Complete when

   The required documents and any narrowly applied exception are supported by review.

   Expit support context

   Explore organising corporate evidence; staff must determine the exception.

2. 02

   Update MOCI disclosures and obtain the applicable current UBO, shareholder or ownership records.

   Suggested owner

   Authorised MOCI user and corporate secretary

   Evidence to retain

   Update evidence, post-update extract and relevant current registers.

   Complete when

   The assembled records agree and an authorised reviewer has checked the required package.

   Expit support context

   Explore IAP extraction and cross-document checks; portal updates require an authorised user.

3. 03

   Check actual delivery evidence against 30 July 2026; address missing submissions with IRU.

   Suggested owner

   Compliance officer and authorised representative

   Evidence to retain

   Dated delivery receipt or submission evidence; if outstanding, documented gap, contact with IRU and remediation status.

   Complete when

   Delivery is evidenced, or the overdue gap is explicitly escalated and tracked; a remediation plan is not described as accepted compliance.

   Expit support context

   Explore IAP document extraction, review-package preparation and traceable case records. Human approval, legal interpretation and official submissions remain with your institution; integrations require separate technical scoping.

Further clarification

Frequently asked questions

Primary references

Official sources

1. IRU Circular 15/2026 — official Arabic document (opens in a new tab)

   Page 1 items 1–4, especially the three document bullets, explicit deadline and issue date.

   SOURCE 01
2. IRU official publications index (opens in a new tab)

   Website publication date; not a substitute for the document's issue date or clauses.

   SOURCE 02