What is the difference between uncertificated securities and intermediated securities?

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Antwort

Uncertificated securities under Art. 973c CO are paperless rights kept in the company's internal uncertificated securities book and transferred by written assignment. Intermediated securities build on this: they only arise once a right is credited to a securities account with a bank or other custodian, and are transferred by an instruction to that custodian.

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FAQ

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.