SECP automates Ultimate Beneficial Ownership Form for companies
SECP automates Ultimate Beneficial Ownership Form for companies Published On The amendments were aimed at preventing the misuse of companies from money laundering ISLAMABAD (Dunya News) – The Securities and Exchange Commission of Pakistan (SECP) has launched a facility on its eService portal for online submission of statutory Form-45, required to submit the declaration of ultimate beneficial ownership (UBO), under Section 123A of the Companies Act, 2017. “This is another forward step to promote the beneficial ownership transparency,” the SECP said in a press release on Thursday. The...