JFSC found x10 findings identified in 2022 Beneficial Ownership and Control Thematic Examinations
During the fourth quarter of 2022, the JFSC undertook a Thematic Examination to assess the compliance of supervised persons with Beneficial Ownership and Control (BOC) regulatory obligations.
- Ten supervised persons assessed = ten findings
- Four supervised persons had no findings.
The JFSC Feedback provides more detail on its findings and relevant examples of good practice.
The JFSC ask all supervised persons to review this feedback and consider what enhancements to their systems and controls might be required.
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