Tag Archives: RBO register

Repeating Money Laundering Checks

Question from a firm – When a client moves address, do you need to redo the Money Laundering (ML) verification checks? Answer – You should obviously update your records and then consider, on a risk sensitive basis, what (if any) evidence you need to support the change (e.g. obtain copy of a utility bill for… Read More

30,000 Non-Compliant Companies at the RBO

At a recent meeting of the CRO Forum (an umbrella group for the accountancy, legal and company formation profession liaising with CRO officials) it was revealed that there are 30,000 companies out of a population of 250,000 companies that had not, as at February 2022, filed their beneficial owner details with the Register of Beneficial… Read More