The Financial Action Task Force (FATF) regards access to accurate information regarding beneficial ownership as critical to the effective deterrence of criminal activities that could be obscured by corporate structures. The establishment of centralized beneficial ownership registers is seeing growing adoption worldwide, with the potential to greatly enhance information sharing and AML enforcement

In this paper, we provide a country-by-country analysis of the progress made by APAC countries to implement beneficial ownership registers, including:

  • Australia
  • Singapore
  • Hong Kong
  • New Zealand
  • Malaysia
  • Japan