Regulated firms in the UK know all too well the challenges of identifying Ultimate Beneficial Owners (UBOs). The task has grown more of a headache as corporate structures become increasingly sophisticated, often spanning multiple jurisdictions and using layers of legal … Read More
UBO
Identifying Ultimate Beneficial Owners: Why is it so challenging?
Uncovering Ultimate Beneficial Owners (UBOs) is a crucial part of tackling financial crime, but it’s not without its challenges. At the heart of these challenges are complex corporate structures. Shell companies, trusts, and multiple layers of ownership can easily hide … Read More
The top 10 indicators of potential hidden ownership and how to address them
Hidden ownership structures can create serious challenges for regulated firms, especially in industries where transparency is non-negotiable. These arrangements are often carefully crafted to hide illicit activities, muddying the waters for compliance teams and regulators alike. Not only does this … Read More
Spotting red flags in UBO identification
Identifying the true owners behind a company is one of the key challenges in Anti-Money Laundering (AML) compliance. As businesses grow more complex, tracing who actually controls them can be difficult. Behind the scenes, some entities work hard to mask … Read More
3 ways complex corporate structures are used to obscure true ownership
Understanding who really owns a company is becoming a significant challenge for firms. With regulatory requirements on the rise and corporate structures growing more sophisticated, pinpointing the Ultimate Beneficial Owner (UBO) of a corporate client is far from simple. To … Read More
Ultimate Beneficial Owners, ultimate consequences: 5 headline fines for non-compliance
Explore five major fines for UBO non-compliance and learn why corporate ownership identification is key for avoiding penalties. … Read More
The 7-step blueprint to UBO transparency
Tracking down the Ultimate Beneficial Owner (UBO) of a company can sometimes feel like chasing shadows. For regulated firms like yours, this task is essential for protecting your business from risks tied to financial crime. Check out our handy 7-step … Read More
What happens when UBOs aren’t identified? The real-world consequences and how you can safeguard your business
In recent years, the role of Ultimate Beneficial Owners (UBOs) has become a key area of focus for firms operating in regulated industries across the UK. With stricter Anti-Money Laundering (AML) requirements and growing public and regulatory scrutiny, ensuring UBOs … Read More
The invisible stakeholder: An essential guide to UBOs and their hidden risks
Discover how to transform KYB from a compliance headache into a powerful business enabler with our comprehensive guide. … Read More
Complex corporate structures and why they cause challenges
How well do you know your Ultimate Beneficial Owners (UBOs)? The rise of sophisticated ownership structures has made it harder than ever for compliance teams to pinpoint who truly owns or controls an entity. Our new infographic breaks down the … Read More