Disclosure of information about beneficiaries
Posted: Sat Feb 01, 2025 9:16 am
His rights may be violated by other beneficiaries or by the management of his own company in the following ways:
failure to comply with the terms of the agreement concluded with him;
the organization's conduct of illegal activities or activities without the required license;
reduction of his rights to exercise control in the organization;
concealment by top management of the fact that its interests are being infringed upon in the course of the company’s activities;
other circumstances that armenia email list prevent him from receiving income in accordance with the terms of the agreement.
No person, whether natural or legal, can be a beneficiary without a certain package of documents. In order to be called a nominal beneficiary, the following documents are required:
Bank guarantee. It is a certain agreement between a banking organization and the recipient of profit. In this case, the bank is the executor or principal, and the beneficiary, in case of failure to fulfill its obligations, can demand compensation for the loss of funds in court.
Trust management agreement. This document is necessary if the beneficiary plans to make contributions to trust funds or companies. The second part of such an agreement is the presence of a trustee.
Insurance contract. This document comes into effect only when the beneficiary registers with an insurance fund. For example, takes out life insurance, health insurance, movable or immovable property insurance, etc.
Deposits. This document is issued in the case of investment of precious metals and large sums of money in different currencies.
How to achieve multiple growth in traffic and sales from your website?
Alexey Boyarkin
Dmitry Svistunov
Head of SEO and Development
Read more posts on my personal blog:
I have always been concerned about the issue of moving to a fundamentally new level. So that the indicators would grow not by 2 or 3 times, but by several orders of magnitude. From a thousand visits to ten thousand or from ten thousand to a hundred thousand, if we are talking about a website, for example.
And I know that such leaps are always the result of painstaking work in five areas:
Technical condition of the site.
SEO.
Collection of site semantics.
Creating useful content.
Working on conversion.
And at the same time, every manager needs an increase in sales and the number of applications from the site at the moment.
To get this growth, download our step-by-step template for increasing sales from the site:
Download template
Already downloaded
153438
Disclosure of information about beneficiaries
Since beneficial owners can participate in the management of the organization, as well as control its actions, they are the object of close attention from regulatory authorities.
For government agencies, information about the chain of beneficiaries is important for the purpose of counteracting:
legalization of funds that were obtained through criminal means or in violation of current legislation;
financing of any organizations operating in violation of the law;
carrying out financial fraud;
illegal withdrawal of monetary funds.
In Russian legislation, this concept is often used in the area of tax control and combating money laundering.
Federal Law No. 115 states that the responsibilities of a legal entity include identifying beneficial owners and storing information about them for five years.
In fact, disclosing beneficial owners is not always an easy task, as business ownership chains can consist of several firms.
In order to collect data on the ultimate owner of a business, it is necessary to send requests to the shareholders and founders of the company.
In our country, it has been established that information about beneficiaries does not relate to a violation of the law on personal data. If it is not possible to establish the main beneficiary, then the head of the organization may be recognized as such.
failure to comply with the terms of the agreement concluded with him;
the organization's conduct of illegal activities or activities without the required license;
reduction of his rights to exercise control in the organization;
concealment by top management of the fact that its interests are being infringed upon in the course of the company’s activities;
other circumstances that armenia email list prevent him from receiving income in accordance with the terms of the agreement.
No person, whether natural or legal, can be a beneficiary without a certain package of documents. In order to be called a nominal beneficiary, the following documents are required:
Bank guarantee. It is a certain agreement between a banking organization and the recipient of profit. In this case, the bank is the executor or principal, and the beneficiary, in case of failure to fulfill its obligations, can demand compensation for the loss of funds in court.
Trust management agreement. This document is necessary if the beneficiary plans to make contributions to trust funds or companies. The second part of such an agreement is the presence of a trustee.
Insurance contract. This document comes into effect only when the beneficiary registers with an insurance fund. For example, takes out life insurance, health insurance, movable or immovable property insurance, etc.
Deposits. This document is issued in the case of investment of precious metals and large sums of money in different currencies.
How to achieve multiple growth in traffic and sales from your website?
Alexey Boyarkin
Dmitry Svistunov
Head of SEO and Development
Read more posts on my personal blog:
I have always been concerned about the issue of moving to a fundamentally new level. So that the indicators would grow not by 2 or 3 times, but by several orders of magnitude. From a thousand visits to ten thousand or from ten thousand to a hundred thousand, if we are talking about a website, for example.
And I know that such leaps are always the result of painstaking work in five areas:
Technical condition of the site.
SEO.
Collection of site semantics.
Creating useful content.
Working on conversion.
And at the same time, every manager needs an increase in sales and the number of applications from the site at the moment.
To get this growth, download our step-by-step template for increasing sales from the site:
Download template
Already downloaded
153438
Disclosure of information about beneficiaries
Since beneficial owners can participate in the management of the organization, as well as control its actions, they are the object of close attention from regulatory authorities.
For government agencies, information about the chain of beneficiaries is important for the purpose of counteracting:
legalization of funds that were obtained through criminal means or in violation of current legislation;
financing of any organizations operating in violation of the law;
carrying out financial fraud;
illegal withdrawal of monetary funds.
In Russian legislation, this concept is often used in the area of tax control and combating money laundering.
Federal Law No. 115 states that the responsibilities of a legal entity include identifying beneficial owners and storing information about them for five years.
In fact, disclosing beneficial owners is not always an easy task, as business ownership chains can consist of several firms.
In order to collect data on the ultimate owner of a business, it is necessary to send requests to the shareholders and founders of the company.
In our country, it has been established that information about beneficiaries does not relate to a violation of the law on personal data. If it is not possible to establish the main beneficiary, then the head of the organization may be recognized as such.