US: AIRCRAFT REGISTRATION – RISKS REMAIN FROM EFFORTS TO OBSCURE OWNERSHIP INFORMATION

On 9 April, the Governmental Accountability Office reported that, to register civil aircraft with the FAA, applicants can provide opaque information on beneficial owners resulting in criminal and national security risks through aircraft registry fraud and abuse.  Additionally, FAA generally relies on self-certification of registrants’ eligibility and does not verify key information.  In March 2020, GAO made 15 recommendations to FAA.  As of April 2024, FAA addressed 3 recommendations but needs to take additional actions to implement the remaining 12.

https://www.gao.gov/products/gao-24-107495

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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