KYC (Know Your Customer) and UBO (Ultimate Beneficial Ownership) requirements have become a critical part of a business’ ongoing global compliance. Financial institutions have traditionally been accountable for carrying out KYC checks and confirming UBO information, but more and more jurisdictions are expanding their requirements to include all company types doing business within their borders.
During this webinar, we cover the below key considerations:
- Understanding KYC and UBO registrations
- Ongoing monitoring
- Analyzing corporate structures
- Identifying beneficial owners
- Updating local registers
- Scheduling ongoing reviews of entity structures
- Keeping records
