MSB-BO-002Critical Risk
beneficial ownership
Red Flag
Corporate customer sends wires on behalf of undisclosed principals, or the stated beneficial owner is a nominee shareholder with no independent wealth or employment.
Industry
Money Services Businesses
Transaction Type
wire
Customer Type
legal entity
Category
Regulatory Source
Document:FIN-2024-A002 Israeli Settler Violence
Type:FinCEN Advisory
CFR Citation:31 CFR §1010.230
SAR Category:Beneficial ownership
FinCEN Key Term:Nominee Structure
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.