{"entity":{"id":"a2341a35-f8f2-5422-8930-d3e4106a1106","name":"Monarc Investment Group, Ltd.","type":"Company","kind":"company","jurisdiction":"VG","identifier":"icij:icijol-82019991","risk":"MED","flags":[]},"identity":{"linked_records":[],"also_known_in":[]},"ownership":{"direct_owners":[{"role":"secretary of","share":null,"party":{"id":"e3adda38-3947-5544-884c-8859f9904e19","name":"Appleby Corporate Services (BVI) Limited","type":"Organization","kind":"company"}},{"role":"shareholder of","share":null,"party":{"id":"7bec8950-7a17-5196-af1e-91e79392bd37","name":"Appleby Trust (BVI) Limited","type":"Organization","kind":"company"}}],"holdings":[],"ubo_chain":[{"depth":1,"from":"e3adda38-3947-5544-884c-8859f9904e19","fromName":"Appleby Corporate Services (BVI) Limited","to":"a2341a35-f8f2-5422-8930-d3e4106a1106","toName":"Monarc Investment Group, Ltd.","role":"secretary of","share":null},{"depth":1,"from":"7bec8950-7a17-5196-af1e-91e79392bd37","fromName":"Appleby Trust (BVI) Limited","to":"a2341a35-f8f2-5422-8930-d3e4106a1106","toName":"Monarc Investment Group, Ltd.","role":"shareholder of","share":null}]},"risk":{"level":"MED","flags":[],"note":"Risk is a layer-1 signal (offshore-layering / connectivity heuristics) — an investigative lead, not a determination."},"sources":[{"registry":"icij_offshoreleaks","source_url":"https://offshoreleaks.icij.org/nodes/82019991"}],"source":"corpus"}