Jun 3, 2021 | Beneficial Ownership | OwnerCheck, Compliance, Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
Over the last several months, there have been several major changes related to regulatory investigations, compliance and enforcement that will affect businesses and investors around the globe. Whether they result from changing government priorities or simply advancing...
Apr 14, 2020 | Beneficial Ownership | OwnerCheck, Compliance, Thought Leadership, Wealth Intelligence | WealthCheck
Beneficial ownership has caused compliance teams headaches for as long as we can remember, especially if you are an obliged entity. Currently, beneficial ownership is considered the top vulnerability in the US financial system, alongside the misuse of digital assets....
Oct 3, 2019 | Beneficial Ownership | OwnerCheck, Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
Efforts around the globe to identify Ultimate Beneficial Ownership (UBO) within companies, trusts and funds have intensified in recent months. This puts extraordinary pressure on global businesses to remain alert to, and in compliance with, fast shifts in the...
May 16, 2019 | Beneficial Ownership | OwnerCheck, Compliance, Third Party Screening | ScreenCheck, Thought Leadership
Recent developments on the US and foreign law enforcement fronts, alongside signals of a potential shift in Bank Secrecy Act (BSA) obligations, renew pressure on entities to ensure that the quality of their beneficial ownership compliance and third-party screening...
Jul 24, 2018 | Beneficial Ownership | OwnerCheck, Due Diligence, Thought Leadership
Beneficial ownership compliance is in flux. Even experienced legislation watchers and savvy compliance experts are confounded by erratic posturing and mixed messages emerging from global jurisdictions. We’ve followed the turns and twists as bankers, lawmakers, and...
