Beneficial ownership is often more complex than it first appears. Ownership structures can be layered and indirect, spread across jurisdictions, and shaped by control exercised through intermediaries or informal relationships. In this Risk Point video, Ted Datta, Head of Industry Practice at Moody’s, explores why identifying who ultimately owns or controls a business goes beyond static registers and self‑reported legacy data. He looks at how organizations are shifting toward a more connected understanding of companies, people, and relationships, using broader context and independent data to support a clearer view of ownership, control, and risk. Learn more: https://www.moodys.com/web/en/us/kyc/solutions/ultimate-beneficial-owners.html?cid=soc-yt-20121 © 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video.

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