Beneficial Ownership Amendments Understanding

What should companies start doing in preparation for the incoming Amendments? Although the new Amendments have not yet been passed, companies can prepare for the new obligations they will have by doing the following: Explore and acquire software to manage member and beneficial owner information and due diligence documents. Identifying all the beneficial owners of the company Ensuring that the information they have on the beneficial owners are accurate, up to date and adequate. Seek out and insert any missing beneficial ownership information. Prepare to file the information found with the Registrar. Getting all the required information on members updated in the company's Register

View entire presentation