What happens if a company cannot clearly identify the beneficial owners?
Antwort
In this case, the company must: document all clarifications undertaken, and submit a replacement notification in which the highest management body (e.g. chair of the board of directors) is reported as the beneficial owner. This ensures that the transparency register remains complete even if no controlling person can be clearly identified.
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.