UBO determination
Structured process to establish and document who the Ultimate Beneficial Owner(s) are.
By Noah Böker — Regulatory Strategy, Transparify
Last updated: Content is reviewed on a ~90-day cycle while AMLR implementation evolves through 2027.
ReviewedSubject-matter reviewed by Noah Böker, Regulatory Strategy, Transparify. This is not a substitute for firm-specific legal advice.
UBO determination (UBO assessment) is the structured analytical and documentary process to establish Ultimate Beneficial Owner(s). Prefer this term over “UBO identification” or “UBO verification”.
Determination emphasises professional judgement, evidence, and audit trails — not opaque vendor labels.
Related reading
Primary sources
- Regulation (EU) 2024/1624 (AMLR)Anti-Money Laundering Regulation — directly applicable from 10 July 2027.