whatdotheyown.com

Compliance, KYC & MLRO teams

Verify beneficial ownership against the register, and keep the record.

The Money Laundering Regulations require you to identify and verify beneficial owners, understand ownership and control structures, and evidence it. Doing that by hand across a group is slow and inconsistent between analysts.

What you get

  • Ultimate beneficial owners with nature of control and notification dates, direct from the PSC register.
  • Control structures made visible, including intermediate holding companies.
  • Discrepancies between the PSC register and the actual shareholder list, flagged.
  • Adverse indicators (insolvency and Gazette notices) surfaced per entity. Probate is coming soon, and available now on Bricksmart.ai.

How it goes

  1. 1

    Search the customer entity

    Company or individual.

  2. 2

    Identify UBOs

    Everyone at 25%+ with the nature of control and the date it was notified.

  3. 3

    Reconcile against the register

    Where the shareholder register disagrees with the PSC filing, you'll see it.

  4. 4

    Screen the adverse layers

    Insolvency cases and Gazette notices touching the entities and people involved. Probate is coming soon, and available now on Bricksmart.ai.

Case study

Onboarding a corporate client under MLR 2017

The situation

A regulated firm needs to identify and verify every beneficial owner of a new corporate client before onboarding can complete, and evidence how each was identified.

What they did

The MLRO opens the client entity, reads every UBO with their nature of control and notification date direct from the PSC register, and reconciles it against the shareholder register the client provided, which is where a discrepancy on one holder's percentage turns up.

The result

The discrepancy is resolved and documented before the account opens, not discovered in a file review six months later, and the structure chart itself becomes the evidence pack.

Try it now

Real groups, live from the register.

Grosvenor Estate Holdings opens in full, with no account. The others need a free account to show every name.

Grosvenor Estate Holdings

Seven individual UBOs, a corporate parent, fifteen holdings and a filed shareholder register.

Open the tree

John Bloor

An individual's full control chain: every company they're a PSC of, with sub-holdings.

Open the tree

Persimmon plc

A listed parent: what the PSC regime shows for a plc, and what it doesn't.

Open the tree

Professional layers for compliance, kyc & mlro teams

Beneath the register.

  • Charges, mortgages & lenders

    Registered charges per company with lender, status and dates, plus Gazette charge notices.

  • Insolvency, Gazette & probate

    Insolvency cases and Gazette notices touching the companies and people involved. Probate records are coming soon, and available now on Bricksmart.ai.

Plans and pricing

Professional access for compliance, kyc & mlro teams

Every layer on every company and person, property records included, for £99 per user a month. Start with a free account; upgrade from it when you need to.

Create a free accountSee Professional

Several seats for a team? Email us about Enterprise.