Experian Information Services Malaysia has launched Global UBO, a solution aimed at enhancing due diligence and compliance for businesses.

The tool offers detailed insights and standardised analysis of Ultimate Beneficial Ownerships (UBOs) across over 200 markets through a comprehensive report.

This helps organisations meet regulatory and KYC standards by supporting informed decision-making.

The Global UBO solution provides benefits such as improved due diligence during onboarding, more effective portfolio management, and better customer lifecycle management for ongoing compliance.

“In line with the revised Companies Act 2024’s goal of fostering a transparent business environment and combating financial crimes, we are excited to introduce Experian’s Global UBO report solution to the market.

This solution aims to automate and enhance the due diligence process by providing a reliable and comprehensive UBO report. Our aim is to ensure both clients and consumers to establish a clear understanding on the financial standpoint in order to manage risk more effectively and make well-informed decisions,”

said Dawn Lai, Chief Executive Officer of Experian Information Services Malaysia.