The article presents some of the key AML issues associated with beneficial ownership focusing on offshore structures. Using a case study the article suggests how creative research techniques can add value to the KYC process in jurisdictions where corporate information is not always entirely publicly available.
This article was first published in the May/June Vol. 7 No. 3 edition of ACAMS Today, a publication of the Association of Certified Anti-Money Laundering Specialists(ACAMS) copyright 2008 (www.acams.org). Originally published 01/05/2008.
Full article can be found here.