1. Business Registers Interconnection System (BRIS) More transparency for companies and stakeholders – the interconnection of business registers
Dr Bartlomiej Kurcz
European Commission, DG JUST, 4 September, Tallinn

2. Transparency
When working together with other companies, businesses, consumers, investors and authorities want to quickly check whether these companies really exist, whether they are trustworthy and who is legally representing the company. The interconnection of business registers will contribute to a more transparent and trustworthy environment for making business in the Single Market.

3. What's at stake?
Not one European Business Register, but the interconnection of existing ones
More much information about companies in one single click than ever before
Not only multi-lingual search for interested parties, but also notifications between registers via the central European platform
The precedence set for other interconnections (insolvency registers, beneficial owners' registers)

4. Where we are from 8 June 2017

5. The interconnection of business registers today
Already more than 20 million companies covered
Communication between registers on cross- border mergers and foreign branches
Documents against payment not yet available

6. BRIS - What next? In the short term
Have every Member State on board (22 MS now)
Enhance features based on user feedback

7. Challenges
Not every information contained in registers is easily searchable
So far only limited liability companies
Paying for the searched information
The issue of connection of third countries

8. BRIS - What next? In the longer term
Explore possible new scenarios for use of the system
Evaluate the functioning of the system and make any changes depending on findings

9. Thank you !