Tag Archive for UBO

Sanctions: Trends and challenges in a tumultuous year

March 21, 2023

On 25 February 2023, the EU marked the one-year anniversary of Russia’s full-scale invasion of Ukraine by announcing its tenth package of sanctions against Russia. The new package added some 121 individuals and entities to the EU’s sanctions list, bringing the total under either an asset freeze or travel ban to 1,473 individuals and 205…

Investigating Ultimate Beneficial Ownership in Ukraine

December 13, 2017

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.

Ultimate Beneficial Ownership and the Fourth EU AML Directive

December 12, 2017

The Fourth EU Anti-Money Laundering Directive has now been implemented and with it comes the launch of the new ultimate beneficial ownership registry across the 27 EU member states. Here is a detailed look at the new registry and the drive for increased transparency.