Finding the Beneficial Owner: Making Sense of the Changing Landscape
Who is the beneficial owner? That may depend on what definition you are looking at and how you apply it. After the recent OECD and FATF clarifications and guidance, the adoption of FATCA, and in light of the upcoming revisions to the Third EU Anti-Money Laundering Directive, how should banks and other covered entities be determining the beneficial owners of a legal entity?
Learn about the various standards and statutes out there and join in the discussion to generate some practical ideas and policy initiatives to help the identification process.