Statements (25)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:abbreviation |
gptkb:UBO
|
| gptkbp:appliesTo |
foundations
companies trusts |
| gptkbp:defines |
the natural person who ultimately owns or controls a legal entity
|
| https://www.w3.org/2000/01/rdf-schema#label |
Ultimate Beneficial Owner
|
| gptkbp:purpose |
increase transparency
prevent terrorist financing prevent money laundering |
| gptkbp:regulates |
gptkb:FinCEN
gptkb:FATF European Union AMLD |
| gptkbp:relatedTo |
anti-money laundering
corporate transparency beneficial ownership |
| gptkbp:requires |
KYC procedures
customer due diligence disclosure of identity |
| gptkbp:threshold |
usually 25% ownership or control
|
| gptkbp:usedIn |
gptkb:legislation
corporate law banking compliance |
| gptkbp:bfsParent |
gptkb:UBO
|
| gptkbp:bfsLayer |
7
|