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Ultimate Beneficial Owner under the Minister of Law Regulation Number 2 of 2025 on Verification and Supervision of Corporate Beneficial Owners

The obligation to disclose the identity of the Ultimate Beneficial Owner (the “UBO”) has emerged as a key standard in preventing the misuse of legal entities for money laundering (“ML”), terrorist financing (“TF”), and corruption act. Although widely adopted, the… Read More »Ultimate Beneficial Owner under the Minister of Law Regulation Number 2 of 2025 on Verification and Supervision of Corporate Beneficial Owners