Can a missed report also result in fines?
Antwort
An intentional breach of the reporting obligation may result in fines of up to CHF 500,000; failure to comply with a final and binding formal decision of the control authority may result in fines of up to CHF 100,000 (Arts. 43 and 44 LETA). Mere negligence is not punishable.
Weitere relevante Fragen
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.