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.
Investigating Ultimate Beneficial Ownership in Ukraine
Due Diligence
The German Political Crisis Explained
Germany was a political pillar of stability in the EU for years, but failure to create a new coalition government has steered the country into the political unknown.
Controversial German Anti-Money Laundering Law
The new German anti-money laundering law that has entered into force on 26 June 2017 features various new elements, some of them controversial.
Investigative Due Diligence: Achieving Responsible Business Conduct in Mineral Supply Chains
Hightened media scrutiny and regulatory requirements are forcing companies to take increasing responsibility over their supply chains.
Political corruption and the assessment of politically exposed persons
In relation to fighting corruption and money-laundering, Berlin Risk authored, with LexisNexis Risk Solutions, a white paper on the topic of integrity risks attached to politically exposed persons (PEPs).
Know your customer: Enhanced requirements
KYC/CDD requirements have been the focus of regulatory revision in 2016, leading to changes in understanding, approaches and tools needed to meet these requirements.
Politically Exposed Persons (PEPs) and Customer Due Diligence in Asia
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…
The 4th EU AML Directive: Recommendations to help your business prepare
Following adoption of the new Anti-Money Laundering (AML) Directive by the European Union, member states must now implement the required changes in their domestic legislation. Our tip sheet highlights the key changes and includes practical advice on what your company can do to prepare.
Enhanced Due Diligence in Managing Sanctions Risks
Jennifer Hanley-Giersch elaborates on the sanctions in force against Russia, Syria and Iran as well as those recently lifted against Belarus, highlighting the risks still associated with the countries.
UK Modern Slavery Act Lacking Bite, For Now
Early slavery statements failed to meet the new criteria, but are risking the wrath of campaign groups and increased regulation.