Does a register extract replace the VSB 20 forms, in particular Form K?
Antwort
No. An extract from the Transparency Register replaces neither Form A nor Form K under the CDB 20. The forms have different content from register extracts and bear the client’s signature. The register and the CDB forms have different legal bases and different functions; they complement each other.
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.