Beneficial ownership is becoming increasingly important in the fight against corruption. In South Africa, the Companies and Intellectual Property Commission (CIPC) has implemented a new system for registering beneficial owners. Such inclusion is essential with any legal entity operating in South Africa, and it helps to guarantee transparency and ac

The Framework governing beneficial ownership within South Africa are designed to ensure transparency and counter financial crime. A beneficial owner is an individual or entity that ultimately benefits from control over a business. Identifying these individuals is crucial for regulatory purposes and helps reveal the true stakeholders behind companie