The importance of knowing your business environment is closely tied to understanding the concept of a beneficiary and ultimate beneficiary ownership: third parties may be controlled by individuals with conflicting interests to yours.

Recent information leaks such as the “Paradise Papers” highlight just how much of a risk Ultimate Beneficiary Owners can represent for a company’s business activity or reputation. So how can you identify UBOs? Our experts suggest a few ideas.

For further information please contact Linda Bertolissio or Riina Rintanen.