Beneath The Surface: Unmasking Beneficial Ownership was an exclusive afternoon at Moody’s downtown Chicago office, limited to 30 attendees, focused on the complexities of beneficial ownership and its impact on lending and KYC practices.

KYC and lending share responsibility for risk management but often operate in silos, with KYC focused on regulatory compliance and lending on credit risk and business development. The panel, Beyond the Loan: KYC’s Critical Role in Protecting Your Bank, discussed how the two functions can integrate and automate their workflows. In the workshop that followed, Moody’s experts walked attendees through a real-world beneficial ownership exercise.

Key discussion points included:

• Real-time communication between KYC and lending teams
• Effective responses to adverse news and sanctions risks
• The impact of regulatory changes on the relationship between compliance and lending
• Strategies for seamless collaboration to safeguard a bank’s financial and reputational integrity
• Navigating complex ownership structures to determine who really owns a company and whether it is eligible for a loan

Beneath The Surface: Unmasking Beneficial Ownership was hosted by the Coalition Against Financial Crime and sponsored by Moody’s Analytics.