The five-call cross-border KYB workflow — walking a UBO chain across jurisdictions in a single prompt
📰 Dev.to · OpenRegistry
Learn the five-call cross-border KYB workflow to walk a UBO chain across jurisdictions in a single prompt, streamlining KYB processes for businesses.
Action Steps
- Identify the ultimate beneficial owner (UBO) of a company using a single prompt
- Walk the ownership graph from a UK Ltd to a Cayman LP to a natural person, citing the statutory record at every hop
- Use the canonical five-call workflow to retrieve relevant information from EU registers
- Handle cases where registers return 501 errors
- Apply the workflow to real-world examples, such as the Iceland Foods case study
Who Needs to Know This
Compliance and risk management teams can benefit from this workflow to improve their Know Your Business (KYB) processes, especially when dealing with cross-border transactions.
Key Insight
💡 The five-call workflow enables businesses to efficiently walk a UBO chain across jurisdictions, reducing the complexity of KYB processes.
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🚀 Streamline your KYB processes with the five-call cross-border workflow! 💼
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