What is the role of the board of directors in a dividend distribution?
Antwort
The board of directors prepares the proposal to the general meeting and must verify in advance whether the legal requirements for a dividend are met. This includes, in particular, verifying that sufficient freely distributable funds are available and that the proposal complies with the law and the articles of association.
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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.