Consequences of failure to report information to the Register of Real Beneficiaries

What are the consequences of untimely, unreliable reporting of information (or lack thereof) to the Central Register of Real Beneficiaries (UBO)? 

The UBO Register will become part of Polish reality already from 13 October 2019. Article by Tomasz Piejak and Wojciech Jaranowski can be read at Lexplorers.

http://lexplorers.pl/skutki-niedopelnienia-obowiazku-zgloszenia-informacji-rejestru-beneficjentow-rzeczywistych/