The Central Bank (BDL) has issued a circular instructing banks and financial entities to identify the ultimate owners or controllers, technically called 'beneficial owners', of their institutional and individual clients.
They must also open a specific register that lists the names of the ultimate beneficial owners for each of their customers.
The circular comes in compliance with the recommendations of the Financial Action Task Force (FATF). FATF is an international inter-governme...
Article details
No comments:
Post a Comment