UBO regulation is with the objective of to give bank and Corporates clarity on who they’re doing business with.

Any institution within the scope of Anti-Money Laundering and Anti-Terrorist Financing regulations needs to disclose the UBO’s identity for any of their business transactions.

UBO shall be the person who, directly or indirectly own and controls a company.

Individuals with ownership of at least 25% shares and voting right of a company.

Alwahat Accounts and Internal Audit Services, has the experience in helping entities comply with the resolution.

 We will assist the clients for: –

• Current Status Overview
• Assistance in Registration
• Provide Continues Support
• Regular Review
• Deregistration