Does a Swiss company have to report its beneficial owners to the transparency register if it is majority-owned by a listed company?
Antwort
No. The transparency register is the Swiss register in which companies must disclose the natural persons behind them. If more than 75 percent of a company is held by a listed company, it is fully exempt from this obligation because transparency is already ensured through stock exchange law (Art. 3 let. a LETA).
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.