Sentences with phrase «term beneficial owner»

According to the Financial Action Task Force on Money Laundering (FATF), an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering and terrorist financing, the term beneficial owner refers to the natural person (s) who ultimately owns or controls a legal entity and / or the natural person on whose behalf a transaction is being conducted.

Not exact matches

While a short - term cash flow is beneficial in helping business owners make operational decisions that will impact the upcoming weeks... Read the blog post

Activity through play is most effective with obese cats as, in addition to burning calories, it increases muscle mass, increases resting metabolic rate, improves mobility and mental stimulation, and often improves the cat — owner bond.10 Owners should be encouraged to increase their cat's activity level at home gradually, based on its needs, starting with 5 to 10 minutes per day of low - intensity activities for sedentary pets (e.g., walking).22 Creativity in activities, such as incorporating food - dispensing toys, placing meals in different parts of the house, and using interactive toys, laser pointers, and electronic mice can also be helpful with a long - term weight loss program.22 Any increase in physical activity is likely beneficial for a cat of any weight.

«Joint tenants» and «tenants in common» are both terms that refer to how owners of a property hold the beneficial interest in it.

• High - risk countries: banks will be required to enhance their due dili - gence checks on financial transactions from high risk countries, including those on the harmonised list of non-EU countries with poor AML controls • Access to beneficial owners» registers: a higher level of transparency on the true beneficiary own - ers of companies will be achieved through the creation of national regis - ters and information shar - ing between EU member states these operators are able to compete on fair terms, thereby contributing to the overall efficiency of the chain.

GA / ATL Property Management believes in building a partnership with property owners in order to foster a long term mutually beneficial relationship.