BORIS, short for Beneficial Ownership Secure Search System, is a centralized access platform used in some Jurisdictions to allow authorized entities - such as financial institutions, regulators or law enforcement agencies - to search and access beneficial ownership information for legal entities. 

Designed to support transparency and compliance with Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) regulations, it also assists in the identification of the individuals who ultimately own or control companies.

The purpose of a centralized access system like BORIS is to streamline access to up-to-date and accurate ownership data, typically gathered from national corporate registers or beneficial ownership registries. This information is essential for conducting Customer Due Diligence (CDD), verifying ownership structures and assessing financial crime risk. And a system such as BORIS ensures that this data can be accessed securely and efficiently, while maintaining appropriate levels of confidentiality and data protection.

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