Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals. In computer science AI research is defined as the study of intelligent agents: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
What is a 'Beneficial Owner'. A beneficial owner is a person who enjoys the benefits of ownership even though title to some form of property is in another name.
Understanding the beneficial owner of a Trust is something that requires a solid understanding of Trust laws and most of the time asking some questions that your customer may not always be happy to answer. Trusts and Foundations are 2 of the hardest types of vehicles to validate true beneficial ownership.