UBO Verification
Unmask Business Ownership with Vespia UBO Verification
Dive deep into the core of businesses, ensuring transparency and compliance with our state-of-the-art UBO Discovery platform.
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Tired of Navigating the Ultimate Beneficial Ownership Maze?
Finding UBOs often feels like a maze with owners hidden behind layers of shareholders in different places. Limited data and restricted access add to the challenge. Vespia's UBO Discovery shines a light, giving you a clear view of Ultimate Beneficial Ownership. Stay informed and compliant with us.
Ultimate Beneficial Ownership Beyond Borders
Dive into a vast network of data sources worldwide. Uncover every layer of business ownership, no matter where they're located.
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UBO Check with KYC, PEP, and Sanctions
Identify UBOs and run them through rigorous KYC, PEP, and Sanctions screening. Ensure you're partnering with compliant entities.
UBO Discovery with Insightful Risk Assessment
Vespia platform offers more than data; it provides actionable rule-based and AI insights. Understand the risk associated with each UBO and make informed decisions.
Continuous UBO Monitoring
Stay updated with real-time alerts on changes in UBO structures. With Vespia, you're always in the loop, ensuring continuous AML compliance and up-to-date information.
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Why Choose Vespia Ultimate Beneficial Ownership Solution?
One-Click Global UBO Discovery
Navigate the intricate web of global business ownership effortlessly. With just one click, our solution sifts through layers of shareholders, unveiling the real individuals behind businesses, no matter where they're situated.
Smart Analysis with AI
Our platform combines the power of artificial intelligence with rule-based analysis, offering precise risk assessments. This ensures you make informed decisions based on thorough insights.
Integrated Checks for Complete Compliance
Beyond just identifying UBOs, we run them through rigorous KYC, PEP, and Sanctions screenings. This integrated approach ensures every UBO adheres to global standards, providing you with a holistic view of potential risks.
Discover the Full Features of Vespia’s UBO Verification Solution
Book a demo today to see how Vespia's UBO Verification Solution can revolutionize your financial surveillance process.
Frequently Asked Questions
Who is a UBO?
A UBO, or Ultimate Beneficial Owner, refers to the real individuals who ultimately own or control a business entity, regardless of its legal form. They are the persons who reap the benefits of the company's operations, often holding a significant interest (commonly 25% or more) in the company. UBO is always an individual.
How do you verify a UBO? What is a UBO check?
Verifying a UBO involves a series of steps to ascertain the identity and legitimacy of the ultimate owners of a business. This often means digging through layers of shareholders to uncover the real individuals behind corporate structures. A UBO check typically includes verifying personal identification details, cross-referencing with global databases, and running KYC, PEP, and Sanctions screenings. It ensures that the individuals declared as UBOs are genuine and compliant with global regulations.
What is UBO documentation?
UBO documentation refers to the official documents that provide evidence of the identity and ownership structure of a business entity. This can include share registers, articles of association, trust deeds, and other legal documents that detail the ownership and control hierarchy of the company.
What are UBO requirements?
UBO requirements vary by jurisdiction but generally involve disclosing the identities of individuals who ultimately own or control a business entity. This is to ensure transparency, prevent financial crimes, and comply with anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations. Typically, individuals holding a significant interest (often 25% or more) in a company must be declared.These answers provide clear and concise information about the key aspects of UBO and its importance in the business world.
Does a UBO always have at least 25%?
No, the threshold for what constitutes a UBO can vary by jurisdiction. While many countries and regulations set the threshold at 25% ownership or control, others might have different percentages or criteria. It's essential to consult local regulations and guidelines to determine the specific threshold for UBO in a given jurisdiction.
How can I start using the Vespia UBO discovery solution?
Starting with Vespia's UBO Discovery is easy. Simply sign up, choose the package that fits your needs, and start UBO Check today! If you have special requirements or need to handle large volumes, our sales team is ready to create a custom approach tailored to your business. Contact us to discuss your unique needs.