FIC publishes finalised guidance on beneficial ownership
Public Compliance Communication 59 has been issued following two rounds of public consultation.
Public Compliance Communication 59 has been issued following two rounds of public consultation.
The Financial Intelligence Centre has published its responses to the comments it received during the first round of consultations.
These are the PCCs relating to beneficial ownership and the targeted financial sanctions obligations.
The draft public compliance communication provides guidance on how to establish the beneficial owners of legal persons, trusts, partnerships, and non-governmental organisations.