Abstract
In the previous edition of AML we discussed difficulties in determining the ultimate beneficial owner (UBO) of proprietary companies in Australia. In this month’s article, Dr McDermott looks at two key jurisdictions which influence future trends in AML; namely, the US and UK. You will see from the analysis below that problems faced by Australian institutions and the lack of transparency of UBOs are yet to be tackled in a successful way by these jurisdictions.
| Original language | English |
|---|---|
| Pages (from-to) | 20-23 |
| Number of pages | 4 |
| Journal | Anti-Money Laundering Magazine |
| Volume | May |
| Publication status | Published - 2010 |
