Are intermediated securities a distinct type of share under Swiss company law?

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Antwort

No. Intermediated securities are not a distinct class of shares, but a special form in which existing corporate rights are held in custody and transferred. Which class a share belongs to is still determined by Art. 622 CO, in particular whether the share is a registered share or a bearer share.

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FAQ

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Is the Communication Generator free to use?

Yes. The Communication Generator is free to use.

Does every shareholder or member qualify as a beneficial owner?

No. The fact that a company requests information from a shareholder or member does not automatically mean that this person is a beneficial owner. Indirect structures, acting in concert and other means of control may also be relevant.

Does the Communication Generator identify the beneficial owners?

No. The generator supports communication and information gathering. The actual assessment of who qualifies as a beneficial owner and who must be reported to the transparency register takes place afterwards. Konsento’s Transparency Register Reporting Assistant can be used for this assessment.