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JANGIS system holes: how reliable is the information about ultimate beneficiaries
22.02.2024LEADELL
Not all the data provided by companies to the State Register’s system JANGIS (Information about the sub-system of beneficial owners) about ultimate beneficiaries is accurate and precise.
The business news portal Vz.lt published an article titled “JANGIS system holes: how reliable is the information about ultimate beneficiaries” in which Marius Grajauskas, Managing Partner of the law firm LEADELL Balčiūnas and Grajauskas, provided comments on the reliability of JANGIS and its verification mechanisms.
Why information provided to JANGIS system about companies’ ultimate beneficiaries may be inaccurate and how experts evaluate the reliability of JANGIS?
You can find the article here (for registered users only).