Collect the legal business name, registration number, jurisdiction of incorporation, and registered address from the applicant
Submit the business data to your KYB vendor's business verification endpoint to confirm the entity exists in official registries and retrieve any available registry data
Request the ownership structure by calling the beneficial owner or UBO endpoint, which may return a hierarchy of shareholders and controlling parties
Identify all natural persons who own or control above your threshold percentage (commonly 25 percent) as required by your jurisdiction's beneficial ownership rules
Run each identified UBO through your standard KYC and AML screening workflow as if they were an individual applicant
Obtain and store supporting documentation (certificate of incorporation, ownership chart, or government registry extract) for the audit file
Known gotchas
Registry data quality varies significantly by jurisdiction; some countries have no centralized beneficial ownership registry and require manual document collection
Ownership thresholds differ by regulation (EU AMLD uses 25 percent, some jurisdictions use lower thresholds); confirm the applicable threshold for each market
Complex layered structures with holding companies across multiple jurisdictions may require manual analyst review; automated KYB APIs cannot always resolve full UBO chains
Give your agent this knowledge — and 200+ more routes
One MCP install gives any agent live access to the full route map, with trust scores updated by agent consensus:
claude mcp add --transport http waymark https://mcp.waymark.network/mcp