EBOCS – European Business Ownership and Control Structures is a project carried out with the financial support of the Internal Security Fund (ISF) Police Annual Work Programme 2016.
EBOCS provides simplified and unified access to BR data on business ownership and control structures for financial analysis and investigation purposes thus increasing the level of transparency on legal entities available today. The project is specifically targeted towards public Counter Crime Agencies (CCAs) involved in the fight against financial and economic crime.
EBOCS will have a concrete impact on methods and techniques currently being used by EU CCAs (i.e. FIUs, LEAs) and private intermediaries subject to EU Directive 2015/849 to identify owners of EU legal entities for AML and CFT purposes. The EBOCS services will allow that category of end-users, using their existing crime prevention analysis tools, to perform efficient and quick inquiries about the ownership and control structures of EU legal entities at cross border level.
This will support the disruption of international crime networks through better detection and prevention of financial, economic and other related crime.
The project is developed by a consortium led by the European Business Register EEIG (Belgium). The other co-financed partners are: Enterprise Registry Solution Limited (Ireland); Infocamere Scpa (Italy); Registrite ja Infosüsteemide Keskus (Estonia); Oficiul National al Registrului Comertului (Romainia); Lursoft IT – Sabiedrība ar ierobežotu atbildību “Lursoft” (Latvia); Colegio de Registradores de la Propriedad y Mercantiles de España (Spain); Transcrime – Università Cattolica del Sacro Cuore (Italy); Tower81 Associates Ltd (Ireland); PJMF Services Ltd (Ireland); SBB Services Srl (Italy