In brief
Registers of ultimate beneficial ownerships (UBO) are gaining momentum globally, with over 100 countries committed to implementing reforms to UBO regulations.
UBO disclosure and reporting requirements are important for businesses to be familiar with. For employers, understanding their own ownership structure and the transparency rules can mitigate compliance risks and also demonstrate commitment to ethical business conduct.
In this In Focus video tailored for General Counsel, Corporate Counsel, Compliance and Regulatory Counsel, our Transactional and International Commercial lawyers discuss the latest developments in UBO transparency rules in Canada, the UK and the EU and provide practical guidance on what you can do to ensure compliance in this rapidly evolving area.
Click on the image below to watch the video chat
Speakers: Bonnie Tsui, Jonathan Yeo and Jing Xu
In Focus is Baker McKenzie’s video chat series for Canadian clients. In each on-demand episode, our lawyers provide insights and quick, practical tips on today’s most pressing issues and legal developments impacting organizations operating in Canada. Explore our program to view past videos.
