PLENA Beneficial Ownership Attestation

Beneficial ownership disclosure has moved from voluntary practice to mandatory regime across most major economies over the past decade. The US Corporate Transparency Act (effective 2024) requires beneficial ownership reporting to FinCEN by most US legal entities. The EU's 6th Anti-Money Laundering Directive operationalizes beneficial ownership registries across member states. The UK Persons with Significant Control regime has operated since 2016. FATF Recommendation 24 (revised 2022) and Recommendation 25 establish the international standard. Many other jurisdictions have implemented or are implementing equivalent regimes. The objective across all frameworks is the same: ensure that the natural persons who actually own or control legal entities are knowable to authorities, financial institutions, and (in some regimes) the public.

The implementation produces filing into government registries. The registries vary in quality, accessibility, and reliability. The filings themselves are typically the company's submission to the registry — held by the registry, subject to its data policies and uptime, accessible through whatever search infrastructure the registry maintains. The company that filed retains a copy of the submission on its own systems, subject to the company's record-keeping practices, executive turnover, and system migrations. When ownership history becomes contested — in beneficial-ownership investigations, in asset-recovery proceedings, in due diligence on a target acquisition, in dispute over what was disclosed when — the records that exist may not be readily accessible and may not survive the institutional changes that frequently occur between filing and dispute.

PLENA Beneficial Ownership Attestation produces externally anchored receipts of beneficial ownership declarations. The company files with the registry as required. The company simultaneously produces a PLENA receipt of the filing — the same content, hashed, anchored, retained externally to both the company and the registry. When the filing's content is later contested or the registry record is unavailable, the company has independent receipts of what it disclosed and when. The receipts are available to the company's counsel, to acquiring parties in due diligence, to financial institutions verifying beneficial ownership for AML compliance, and to investigators in legitimate ownership inquiries.

Annual subscription pricing for companies subject to one or more beneficial ownership regimes. Single subscription typically covers multiple regimes for multinational entities. Integration with the company's corporate-secretarial systems and its corporate-counsel workflows.

Target institutional buyers: corporate secretaries, general counsel, AML compliance officers at companies subject to CTA/AMLD/FATF Recommendation 24 frameworks; AML practice leaders at law firms; corporate trust service providers; family office advisors; private banking AML divisions.

Same complement-not-replace disclaimer. PlenaProof does not constitute beneficial ownership registration (regulatory filings still required), does not provide AML or sanctions screening, and does not certify the accuracy of declarations. It produces the company's independent receipt layer of what was filed and when.

This product is built on the multi-decade arc of ownership-history inquiry. Where actually implemented and populated, the intended architecture replicates each artifact across multiple independent archives and anchors it cryptographically to public records that do not depend on any single jurisdiction, and verifiable offline by the company's counsel or successor counsel. Receipts survive registry changes, jurisdictional moves, corporate restructuring, executive turnover, and the multi-generational arc of asset-recovery and inheritance proceedings.

Government registries hold filings; PLENA holds the company's independent receipts of those filings. OpenOwnership.org provides public data infrastructure for published beneficial ownership data; PlenaProof provides the company's own receipt layer that complements public data. AML screening platforms (LSEG, Dow Jones, LexisNexis) screen counterparties for beneficial ownership red flags; PLENA documents the company's own declarations defensibly.

• US Corporate Transparency Act and FinCEN beneficial ownership regulations
• EU 6th Anti-Money Laundering Directive
• UK Persons with Significant Control regime and Economic Crime and Corporate Transparency Act 2023
• FATF Recommendations 24 and 25
• OECD Common Reporting Standard for tax transparency where it overlaps
• National beneficial ownership registries (Companies House, equivalents globally)

PLENA Beneficial Ownership Attestation does not constitute beneficial ownership registration — regulatory filings are still required. It does not provide AML or sanctions screening. It does not certify the accuracy of beneficial ownership declarations. It does not provide legal advice on beneficial ownership regimes.

Launches in PLENA's 8 live languages with priority for major corporate-formation jurisdictions. Contact hello@joinplena.com for translator inquiries.