But seeing as US companies have now been exempted from submitting their beneficial ownership information to FinCEN's central register, this completely shifts the responsibility for understanding whether information is accurate to the banks/financial institutions.

#customerduediligence #CDD #UBO

How the Beneficial Ownership Data Standard can help EU member states to decipher information on complex corporate structures 🔍🇪🇺

www.linkedin.com/posts/stephe...

#beneficialownership #openstandards #datastandards #interoperability #AMLR #AMLA #UBO #AML #CDD #customerduediligence #opensource