Understanding beneficial ownership of an entity – a corporation or a fund – has emerged as a key element of many financial institutions’ compliance activities. A raft of relatively new regulations – ranging from the US Dodd-Frank Act through to Russian sanctions – require firms to understand who owns the entities they do business with, whether an issuer, counterparty or customer.
This White Paper, sponsored by Bureau van Dijk:
- Explains how beneficial ownership is crucial to compliance for a range of regulations
- Describes the challenge of establishing beneficial ownership
- Discusses best practices for entity data management
