All posts tagged "legal entities"
-
256AML / KYCUS Treasury Outlines Plans to Combat Illicit Finance
Treasury highlighted efforts to address illicit finance risks associated with shell companies, all-cash real estate purchases, and virtual assets.
May 18, 2022 -
366AML / KYCGLEIF to Include Organisational Role Information in vLEI
GLEIF says the new ISO 5009 standard facilitates a universal approach for including official organisational role information in digital ID credentials.
March 30, 2022 -
485AML / KYCGCFFC Calls for Action on Beneficial Ownership Data
Beneficial ownership data should be structured and interoperable, collated in a central register, and accessible to all actors fighting financial crime.
August 26, 2021 -
345AML / KYCRBI Relaxes Restrictions on the Use of Video-based KYC
Video-based KYC can be used for onboarding individual customers, business owners, and authorised signatories and beneficial owners of legal entities.
May 18, 2021 -
453AML / KYCSEBI Rolls Out KYC Registry Extension to Legal Entities
Regulated entities are directed to upload KYC data for accounts of legal entities to the Central KYC Registry.
March 13, 2021 -
445AML / KYCGLEIF to Implement New Policies, File Formats in Global LEI System
Users must plan to implement the updated file formats to ensure uninterrupted access to LEI data beyond 31 March 2022, GLEIF said.
February 16, 2021 -
375AML / KYCGLEIF Unveils Issuance, Infrastructure Models for Verifiable LEI
The vLEI system will give legal entities the capacity to use non-repudiable identification data pertaining to their legal status, ownership structure and authorised representatives.
February 12, 2021 -
376AML / KYCRBI Announces Extension of KYC Registry to Legal Entities
The RBI said regulated entities should upload KYC data pertaining to accounts of legal entities to the Central KYC Registry from 1 April 2021.
December 23, 2020 -
969AML / KYC
GLEIF Defines New Framework to Simplify, Accelerate LEI Issuance
Many of the labor intensive and time-consuming procedures performed to obtain an LEI are the same as those performed by the FI during onboarding.
September 29, 2020 -
452AML / KYCFATF Re-rates US as ‘Largely Compliant’ on CDD Measures
The US is now compliant on 9 FATF Recommendations, largely compliant on 22, partially compliant on 5, and non-compliant on 4.
April 3, 2020
