Definition
The individual who ultimately owns or controls an entity.
Context
Transparency over beneficial ownership is essential for anti-money laundering (AML), know your customer (KYC) processes, and the identification of hidden conflicts of interest.
Meaning
Transparency is essential for anti-money laundering (AML) and fraud prevention.
Example
A vendor is effectively controlled by one individual.
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Beneficial Owner", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/beneficial-owner/, accessed April 18, 2026.