This section defines what checks (if any) to apply to the organisation entity and its owners. For each entity category there is a check type for "individual" and/or "organisation". The available categories are:
|Check type to use for categories that have no check type defined
|Only the original organisation
|Ultimate beneficial owners
|Directors used as stand-ins when ownership cannot be resolved
|Only the first level of owners
|All officers (director, secretaries, or others)
|Just company secretaries
|All associated entities
When a customer uses pseudo UBOs for entity categories in the business ownership query or risk configuration - this behaviour is configurable as to which entities will be selected for checks and if the entity categories for checks includes
pseudo_ubos . This will only trigger when we have no UBOs identified.
We are able to configure what categories will be considered as a pseudo UBO. The default config for this is shown below, meaning that when no UBOs are present and
pseudo_ubos are requested in the check, directors should be checked.
The customer can override this behaviour with what is relevant to their policies.
Updated 3 months ago