February 29, 2024
As more jurisdictions take steps to increase transparency of corporate and asset structures – such as public databases of ultimate beneficial owners – many ultra-high-net-worth individuals (UHNWIs) with a legitimate need for confidentiality could become subject to security risks, unwarranted scrutiny and misinformed allegations.
Kobre & Kim’s Evelyn Sheehan, who focuses on advising UHNWIs in cross-border investigations and enforcement actions, examines the issues during the Private Client Forum Americas on a roundtable discussion, “The Recent Push for Transparency: Asset Protection and Litigation Risk Management,” on February 28, 2024.