Nigeria’s Open Central Register of Beneficial Ownership, launched to combat corruption and illicit financial flows, took centre stage recently at a workshop in Lagos. This initiative ...

“However, reporting companies may continue to voluntarily submit beneficial ownership information reports.” FinCEN, part of the U.S. Department of Treasury, even before the Supreme Court ...

A public consultation over the future of Bermuda’s beneficial ownership register closed yesterday, with respondents including feedback on who industry professionals feel should have legitimate ...

Dec. 28—The deadline for most companies to file Beneficial Ownership Information reports has been extended to Jan. 13, 2025, by the Financial Crimes Enforcement Network. The original deadline ...

This means just 25% of required entities have submitted their Beneficial ... file documenting ownership and control persons of the business, including organization charts, governing legal ...

ALBANY — The U.S. Treasury Department’s Financial Crimes Enforcement Network recently added requirement for businesses to file beneficial ownership information reports by the end of the year ...

Corporate structures are often abused to hide the proceeds of crime, which places the onus on the business community in SA to understand and meet their beneficial ownership obligations.

For most business owners, the deadline to file beneficial ownership reports or corporate transparency reports is January 1, 2025, as long as the business was created before January 1, 2024.

STRONG beneficial ownership policies are essential to prevent the misuse of corporate structures for illegal activities, according to the Securities and Exchange Commission (SEC). “As businesses ...

The commission said the peer exchange recognized the increasing importance of beneficial ownership transparency as a critical tool for both businesses and governments. According to the SEC ...

In a move that would help enhance corporate transparency and regulatory compliance, the Corporate Affairs Ministry (MCA) has overhauled the disclosure requirements for beneficial ownership and ...