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beneficial ownership

Beneficial Ownership: A Closer Look

October 6, 2022January 6, 2023Clara Khoo Leave a comment

In 2021, the Government of Canada released a requirement for reporting entities to obtain beneficial ownership information. Beneficial owners are “individuals who directly or indirectly own or control 25% or more of a corporation or an entity other than a corporation”.

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Company AML, beneficial ownership, compliance, Financial services, fintech, KYC

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