UBO registers are intended to reveal the natural persons who have ultimate control over an entity, whether that control is direct or indirect. The implementation of UBO registers in all EU member states and beyond is a significant step towards disrupting money laundering and financial crime which depend on the ability to disguise and hide funds behind complex corporate structures. However, jurisdictions vary greatly in the ease with which they are willing to disclose UBO information. Even where data exists, each registry classifies and stores data differently.
Watch our webinar replay and learn:
Panellists: Jacqueline Kilgour, NED, Kyckr; John Taylor, London Branch MLRO and Head of Compliance, Clearstream Banking SA; Ran Weissblech, Compliance Manager, Coinmama
Moderator: Myles McLaren, Head of Partnerships, Kyckr