Beneficial ownership

Beneficial ownership evidence readiness

Check the process for legal-entity information, control, identification, verification source, discrepancies, arrangements, retention, and refresh.

Saved answers stay in closed lists: activity_band, role_band, kind_band, base_band, article_band, delay_band, documented_band, party_band, product_band, geo_band, channel_band, txn_band, sanctions_band, approval_band, refresh_band, owner_band, lead_band, manager_band, officer_band, independence_band, resource_band, escalate_band, policy_band, training_band, testing_band, fiu_band, relation_band, occasional_band, value_band, cash_band, linked_band, gambling_band, doubt_band, veracity_band, nation_band, entity_info_band, control_map_band, who_process_band, source_process_band, mismatch_band, arrangement_band, retention_band, update_band, plan_scope_band, plan_role_band, plan_risk_band, plan_policy_band, plan_function_band, plan_cdd_band, plan_cash_band, plan_report_band, plan_training_band, plan_retention_band, plan_nation_band, plan_ready_band, plan_delay_band

Is legal-entity ownership information available?Is the control structure documented?Is there a beneficial-owner process?Is there a verification-source process?Is there a discrepancy process?Is trust or arrangement handling described?Is the retention workflow described?Is the refresh process described?

What the ownership screen checks

This is process readiness only. It asks whether the steps exist. It does not ask for a beneficial-owner name, date of birth, address, or identity number.

Who should use it

Onboarding and compliance teams that own the ownership file, not people entering a named owner.

How results work

Missing entity information or control map is an ownership data gap. A missing verification source is a verification gap. A missing discrepancy, arrangement, retention, or refresh step is action required.

What this checks

Regulation (EU) 2024/1624 applies generally from 2027-07-10. Article 3(3)(n) and (o) categories apply from 2029-07-10. The regulation is directly applicable, and a Member State may keep a stricter rule where the regulation allows it. The EU large-cash baseline is EUR 10,000 and linked transactions count. A gambling figure of EUR 2,000 applies only to the specified activity.

Official sources

Beneficial-ownership duties are read from Regulation (EU) 2024/1624. National registers and Directive (EU) 2024/1640 matter when the discrepancy path depends on the Member State.

Limitations

Do not paste an ownership chart, a passport, or a residential address into this screen. Unknown steps go to specialist review.

Using the ownership screen

Keep data out

Answer whether the file can be produced, not who is in it.

Separate verification

Having ownership information is not the same as having a source process to check it.

Include arrangements

Trusts and similar arrangements need their own handling step.

Ownership questions

Can I type an owner's name?

No. There is no free-text field for a person.

What is an ownership data gap?

Entity information or the control structure is marked no.

What is a verification gap?

The source process used to check ownership information is marked no.

Why specialist review?

Any unknown step stops the screen. This tool has no general review label.