The beneficial ownership headache – high time for a cure

Mark Dunn is Market Planning Manager, Risk, LexisNexis BIS (+44(0) 20 700 400 2984, risk@lexisnexis.co.uk)

Inability to discover the ultimate beneficial owner(s) of a company thwarts AML due diligence efforts and law enforcement investigations alike. If the path to greater transparency is proving long and uneven at least the direction of travel is right. Mark Dunn of LexisNexis surveys the road.