Sentences with phrase «ultimate beneficial owners»

Our understanding is that the current quota systems register ownership under the name of manager rather than the ultimate beneficial owners.

Nexia would tell Mossack Fonseca the name of the ultimate beneficial owner only in a Skype call.

«By requiring the names of the ultimate beneficial owners of all companies to be made public, G8 leaders could provide a huge boost to efforts to reduce corruption and financial crime globally and to promote development worldwide.

Sonangol explains its relationship with Dokolo and identifies the ultimate beneficial owners of Exem Holding, who are currently unknown to the public.

He had done this to circumvent a Ukrainian law (enacted following hostilities between Ukraine and Russia) that required companies to disclose their ultimate beneficial owner.

The PSC requires UK companies and LLPs to keep a statutory register showing who the ultimate beneficial owners and controllers are and the details of their holdings.

In the UK for example, the requirement to provide information about the ultimate beneficial owner of UK residential property owned by an offshore entity is reasonably well known.

Gubay, who was Langstone's ultimate beneficial owner, instructed Willers to sue in Langstone's name a company known as Aqua Design and Play Limited (Aqua).

For example, the ultimate beneficial owner (UBO) of an offshore structure headed by an offshore trust or owned through bearer shares may not have previously been known to the finance professional.