FATF consults on its risk-based guidance to Rec.25 on beneficial ownership and transparency of legal arrangement

FATF is seeking input on its guidance from companies and other legal persons, FIs, DNFBPs, and non-profit organisations by 8 Dec 2023. The FATF Plenary held in Oct 2023 agreed to release the revised guidance for public consultation and expects to finalise this work at its Feb 2024 Plenary…