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Guidance on Beneficial Ownership and Transparency of Legal Arrangements

On 11th March 2024, the FATF has updated its risk-based guidance following the February 2023 revisions to FATF Recommendation 25 on Beneficial ownership and transparency of legal arrangements. The guidance complements the existing guidance on Recommendation 24 on legal persons and aims to help stakeholders from the public and private sectors to implement the new requirements more effectively.

The document can be accessed here

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