blogs Open Ownership · Mar 2022
The Financial Action Task Force (FATF) – the international standard-setting body on anti-money laundering and countering the financing of terrorism – has approved revisions to its Recommendation 24 (R24) on beneficial ownership. Based on FATF’s public statement and our analysis...
blogs Open Ownership · Oct 2021
Open Ownership welcomes the proposed changes to R24 which bring the FATF Recommendations a few steps closer to the Open Ownership Principles, the gold standard for effective beneficial ownership disclosure. However, they are not there yet.