كتاب روابط اجتياز لـ 2.2.2. Identification and Reporting of Beneficial Owners
2.2.2. Identification and Reporting of Beneficial Owners
يسري تنفيذه من تاريخ 7/6/2021Because anonymity is one of the greatest attractions for illicit actors who seek to abuse legal persons and arrangements, they are likely to gravitate towards jurisdictions and company forms that require them to provide minimal information about the entities and themselves and that make it difficult for third parties to identify who in fact owns and controls the entity. The following controls that may be applied by the jurisdiction registering the entity in question can, to a certain extent, reduce the vulnerabilities created by corporate opacity.
• | The registering authority collects key information about the company (such as name, address, and the names of directors) at formation and makes it available to the public; | |||
• | The registering authority collects the identities of all beneficial owners, or all beneficial owners owning at least a given percentage of the company, at the time of establishment, and makes this information available to domestic and foreign law enforcement, as well as AML/CFT regulated entities. | |||
o | The threshold for identifying ownership should be in line with international and UAE standards. | |||
o | Where the registering authority applies a threshold that exceeds 25% of the ownership interests in a legal person, LFIs should be aware that the customer is not required to report all individuals qualifying as beneficial owners in the UAE; | |||
• | The legal person or arrangement is prohibited from being owned by another legal person or arrangement; | |||
• | Nominee shareholders and directors are prohibited, or are appropriately regulated. |