Disclosure Of The Existence Of Beneficial Owners Of Limited Liability Companies In The Framework Of Preventing Money Laundering And Criminal Liability In Corporations

Risna Rahadian; Elvira Fitriyani Pakpahan; Kartina Pakpahan

doi:10.2991/978-2-38476-531-7_30

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Disclosure Of The Existence Of Beneficial Owners Of Limited Liability Companies In The Framework Of Preventing Money Laundering And Criminal Liability In Corporations

Authors

Risna Rahadian¹, Elvira Fitriyani Pakpahan¹, Kartina Pakpahan¹^{, *}

¹PUI PT Criminal Law and Green Economy, Master of Law, Faculty of Law, Universitas Prima Indonesia (UNPRI), Medan, Indonesia

^*Corresponding author. Email: kartinapakpahan@unprimdn.ac.id

Corresponding Author

Kartina Pakpahan

Available Online 3 January 2026.

DOI: 10.2991/978-2-38476-531-7_30 How to use a DOI?
Keywords: Beneficial Owner; Money Laundering; Criminal Liability
Abstract: The use of nominees in corporate structures has led to the rise of the "beneficial owner" concept, where individuals control a company without appearing in its official records. Legal frameworks governing beneficial owners in limited liability companies are outlined in various regulations, including laws on limited liability companies, capital markets, anti-money laundering, and counter-terrorism financing. Disclosure of beneficial owners helps uncover the true parties behind a company, aiding in legal accountability, preventing money laundering, and promoting fair business practices. Beneficial owners can be held criminally liable for money laundering and corporate crimes, even if they are not formally listed as company management, highlighting gaps in current regulations regarding corporate control.
Copyright: © 2025 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the 1st International Forum on Psychology, Law, and Education (IFPLE 2025)
Series: Advances in Social Science, Education and Humanities Research
Publication Date: 3 January 2026
ISBN: 978-2-38476-531-7
ISSN: 2352-5398
DOI: 10.2991/978-2-38476-531-7_30 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Risna Rahadian
AU  - Elvira Fitriyani Pakpahan
AU  - Kartina Pakpahan
PY  - 2026
DA  - 2026/01/03
TI  - Disclosure Of The Existence Of Beneficial Owners Of Limited Liability Companies In The Framework Of Preventing Money Laundering And Criminal Liability In Corporations
BT  - Proceedings of the 1st International Forum on Psychology, Law, and Education (IFPLE 2025)
PB  - Atlantis Press
SP  - 264
EP  - 269
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-531-7_30
DO  - 10.2991/978-2-38476-531-7_30
ID  - Rahadian2026
ER  -

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