CyberTRIZPEDIA

Maintain Verified Beneficial Ownership Register

Control
AML-BOW-001
Regulation
AMLD6
Category
operational
Priority
high
Frequency
annually
Type
operational

What this control requires

Collect and verify beneficial ownership information for all legal entity customers. Define BO as any natural person owning >25% or exercising control. Cross-reference against national BO registers (CBE/NBB). Apply enhanced procedures for complex structures. Update BO information upon any material change or periodic review trigger.

Other AMLD6 controls