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by TacticalCoder 1295 days ago
I'm 100% with you here.

People who need access to the UBO (for example because they are required, by law, to do KYC/AML on their customers) can still access it.

It's about restricting public access.

> Public UBO registries do not strike a good balance between protecting the privacy of honest business owners and exposing corruption or whatever.

This.

1 comments

Very little verification of UBO registers ever actually occurs. Which is why "oligarchs" have nominees and having to lie on another government form doesn't make a difference.