What's live vs. planned
What verification is
Verification is the process that turns a raw submission into a published record. It follows a risk-based approach (AMLR) consistent with the FATF transparency standard (Recommendations 24–25): the more complex or higher-risk the structure, the deeper the review.
Roles: submitter, verifier, registry
Three parties are involved. The submitter — typically an Obliged entity povinná osoba The company or person legally required to identify and keep records of its beneficial owners under AML law. or its representative — lodges the structure and its proofs. The verifier reviews it against the OFN model and the evidence. The registry records the outcome, publishes the accepted record, and maintains its version history.
What a submission contains
A submission carries the subject entity, its ownership and control structure, the supporting proof documents (articles, board resolutions, share certificates, trust deeds, identity documents), and metadata. Recording a SHA-256 hash for each document is planned so its integrity can be checked later.
The review workflow: submitted → accepted or rejected
A submission is lodged for verification and ends accepted or rejected. A rejection returns with the reasons so you can amend and resubmit. Only accepted structures appear in public search.
What checks are performed
Checks scale with risk: completeness against the OFN model, cross-checks against available sources, review of the proof behind each relationship, and screening where relevant. The depth is proportionate — routine structures are lighter, complex or high-risk ones receive more scrutiny.
Recording the three credibility dimensions
Rating on acceptance is planned: the record will carry scores for scope (how much was verified), documentary strength (what proof supported it), and recency (how current it is). These ratings will travel with the record so consumers can judge how far to rely on it. See The OFN standard.
Integrity and access after acceptance
Accepted records become visible according to the access tiers (see Access & privacy and Security & integrity). Verification records what was checked and what supports it — it is informational, not a legal determination of Beneficial owner skutečný majitel The natural person who ultimately owns or controls a company, even through a chain of other entities..