LEI Solutions > Ultimate Beneficial Ownership (UBO)
Average price per case €50. Contact Sales for volume discounts.
Obliged entities need to have a proactive approach to solve ongoing KYC / AML/ CDD / EDD requirements, whilst also satisfying client’s needs.
Article 30 of the 5AMLD requires legal entities obtain and hold “adequate, accurate and current” information on their beneficial owners, including the details of the beneficial interests. UBO Service provides automated, fast legal declarations for beneficial owners. We ensure the data received is live from primary source registers and the declarations are made in real-time meeting your Anti-Money Laundering requirements.
Our portal helps you cut through complex hierarchies to verify beneficial owners and controllers. Instantly access primary source, reliable data via your portal dashboard. Capturing live legal declarations in real time. Our user-friendly dashboard ensures you have a clear audit trail every step of the way.
“A beneficial owner is defined as any natural person(s) who ultimately owns or controls a legal entity, either through direct or indirect ownership of a sufficient percentage of the shares or voting rights or ownership interest in the entity, including through bearer shareholdings, or through control via other means.” – Article 3(6) of 4AMLD
A UBO declaration is a legal document that gives you current, accurate, and reliable information about the true beneficial owners of a corporate company all within your own portal account or integrated API. The legally binding document is signed by a verified authorized person.
Key Attributes in a UBO Declaration
With our Beneficial Owner legal declaration dashboard and API platform, you can onboard customers with ease, while maintaining an auditable workflow from the moment you sign in.
Verify and validate Beneficial Owners and Controllers. Capture legal declarations in real-time, ensuring you meet your compliance requirements.
Reduce risk by increasing the assurance in knowing who you are doing business with. Boost customer satisfaction while meeting on-going KYC and AML compliance obligations.
Add an additional layer of security to your compliance process with a globally recognised Legal Entity Identifier (LEI).
Talk to us today about how Ultimate Beneficial Owner services can be offered alongside Legal Entity Identifiers to provide new recurring revenue and make your services more competitive.
