Financial Crime World

Here is the rewritten article in markdown format:

Dutch Beneficial Ownership Transparency Still Lacking, New Report Reveals

A Mixed Bag for the Netherlands’ Anti-Money Laundering Efforts

A recent report from Transparency International (TI) Netherlands has deemed the country’s efforts to combat money laundering satisfactory. However, its performance in terms of ultimate beneficial owner (UBO) transparency falls short of international standards.

The Report: “Behind The Scenes: Beneficial Ownership Transparency in the Netherlands”


Published on April 4, 2017, TI Netherlands’ report highlights the Dutch regulatory framework’s good understanding of general money laundering risks. However, its handling of UBO-related issues is lacking.

Key Findings

  • Weak UBO Transparency: The country’s score in this area is considered weak compared to international peers.
  • Lack of National Risk Analysis: Insufficient attention has been given to UBO-related matters and no national risk analysis on money laundering exists.
  • Problematic Instruments: Foreign trusts and bearer shares persist, and trust service providers continue to act as nominee directors for international clients.

Recommendations for Improvement


To improve its performance, TI Netherlands recommends:

  1. Conducting an integral national analysis of risks connected to money laundering
  2. Taking measures to address the problems associated with UBOs
  3. Reforming the regulatory framework to better align it with international standards