Money laundering and terrorist financing represent a serious threat to the integrity and stability of the financial system, as well as to the development of the internal market.
Investigation carried out by the competent authorities show the increasing utilisation of complex corporate structures by organized crime and terrorist groups, in order to hide their identity behind economic activities and financial flows.
Acquiring, keeping and making the information on beneficial owners available is crucial to identify criminals who could hide their identity behind opaque company structures.
By Benedetta Farè - Anti-money laundering specialist Bernoni Grant Thornton
Money laundering and terrorist financing represent a serious threat to the integrity and stability of the financial system, as well as to the development of the internal market. Financial analyses and investigations carried out by the competent authorities show the increasing [..]
By Giulio Tedeschi - Partner Bernoni Grant Thornton
The registration of the person identified as “beneficial owner” in a proper section of the companies’ register is not a mere short-term fulfilment, but it rather implies interconnected and operating aspects. Both articles in this issue of TopHic point out specific technical aspects. [...]
By Gianluca Lacidogna - Senior Manager Bernoni Grant Thornton
A process aimed at optimizing instruments against money laundering of income from criminal activities and terrorist financing has been effective in all Member states for some years and Legislative Decree no. 231 dated 21 November 2007 and [...]
