- Date: Thursday 26 October
- Time: 9.30 a.m., Western European Time
- Registration and further information: Gaco’s website
- Streaming platform: GoTo
Webinar – UBO Registers: Quo Vadis? Despite the shortcomings and difficulties, How can the data be used in the fight against Financial Crime.
In collaboration with the Gibraltar Association of Compliance Officers – GACO, a webinar related to the correct identification of Ultimate Beneficial Owners (UBO), will be held on Thursday 26 October at 9.30 a.m., Western European Time. On this occasion, Thomas Maj and Nicole Torre, joint speakers working for SGR Compliance, will delve into this topic by providing insights concerning advantages and limitations of the existing UBO registers and, above all, into how you can work through this information in a simple, smooth manner, in order to boost your AML, KYC and CDD Processes.
In the context of enhanced due diligence, a risk-based approach is crucial. Simply identifying the Ultimate Beneficial Owner (UBO) is not enough: it is conversely essential to analyze risk factors related to the investigated subject, as registers are limited by their self-declaratory nature. Operators conducting verification processes must be dutiful and thorough, collecting necessary information and checking them within specific databases to uncover hidden risks. Highly-specialized tools, like Daily Control™, may provide a significant and substantial help in efficiently dealing with day-by-day due diligence procedures.
For further information regarding the webinar, please consult the appropriate section of the Gibraltar Association of Compliance Officers website.