
Transparency of the beneficial ownership has improved in Ukraine, however, until reliable verification mechanisms are in place, the possibilities for hiding beneficial ownership remain rife.
Customer Due Diligence in Asia has gained prominence over recent years, with a growing set of regulations that have come into force. International Anti-money laundering standards recommended by the Financial Action Task force (FATF) have provided a framework for member jurisdictions to lay out the requirements for the prevention and combat of money laundering and terrorist financing, which is particularly…