AML Transparency and Beneficial Ownership Series #3 of 3
In its 2022 Report on the State of Effectiveness and Compliance with the FATF Standards, the Financial Action Task Force (FATF) found that only 52% of assessed jurisdictions have adequate laws and regulations related to transparency in beneficial ownership. Even worse, only 9% of those countries have effectively implemented these laws. In this webinar, we examine the implementation of FATF standards around the world and examine what is working and what is not.
Explaining the importance of transparency in determining beneficial ownership
Comparing countries’ implementation of the FATF standards related to beneficial ownership and corporate transparency
Reviewing lessons learned from the different approaches countries have taken