World Of Taxonomy
r24Level 2

R.24 Transparency of legal persons

R.24 obliges jurisdictions to ensure that legal persons and arrangements disclose their beneficial owners, requiring accessible, reliable, and up-to-date information on natural persons who ultimately own or control them, and mandating that authorities can obtain this data promptly for anti-money-laundering and counter-terrorism financing purposes.

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r24 - R.24 Transparency of legal persons - FATF 40 Recommendations - World Of Taxonomy | World Of Taxonomy