Who must be identified if an investment fund holds more than 25 percent of a company?
Antwort
A contractual investment fund is not a legal entity in its own right, but a contractual arrangement between the investors and the fund management company that manages the fund assets. If such a fund holds a relevant ownership interest in a company, it is therefore not the fund itself but the fund management company, as a legal entity, that must be identified (Art. 18 LETO).
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.