AML-CFT - Beneficial Ownership - Recommendations 24 and 25 - page 21

Sanctions
Effective, proportionate and dissuasive sanctions should
be applicable to any legal or natural person failing to
comply with the specified requirements
In the case of trusts, effective, proportionate and
dissuasive sanctions should apply for failing to grant CAs
timely access to basic and BO information regarding the
trust
Sanctions may be either civil, criminal or administrative
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