Identifying Beneficial Owners for AML and ABC Compliance

You are currently focusing on the certification. Go to program dashboard.
This illustration outlines the key steps in identifying beneficial owners and demonstrates how technology can help to cut through the morass with speed, safety and a uniform approach.
Identifying the real beneficial owners of an entity is essential for ensuring anti-money laundering (AML) and anti-bribery and corruption (ABC) compliance, but it isn’t easy. Business ownership information is fragmented, stored in different forms and locations, and often difficult to find. Each jurisdiction has its own method for defining and recording ownership and complex corporate structures, often deliberately making it difficult to identify the real owners. This illustration outlines the key steps in identifying beneficial owners and demonstrates how technology can help to cut through the morass with speed, safety and a uniform approach.
Featured in: Anti-Corruption , Anti-Money Laundering
Information & Billing:
+1 (602) 234-9278
Principled Performance, Driving Principled Performance, Putting Principles Into Practice, OCEG, GRC360°, ActiveLearning, EventDay and LeanGRC are registered trademarks of OCEG.
Protector Skillset, Protector Mindset, Protector Code, Lines of Accountability, GRC Professional, GRCP, GRC Fundamentals, GRC Audit, GRCA, GRC Audit Fundamentals, Data Privacy Fundamentals, Integrated Data Privacy Professional, IDPP, Policy Management Fundamentals, Integrated Policy Management Professional, IPMP are trademarks of OCEG.