beneficial owner
ultimate beneficial owner
actual beneficiary

However the votes of the ultimate beneficial owner may not be split.

Financial institutions also must inquire about the identity of the ultimate beneficial owners.

"We will work to discover who are the ultimate beneficial owners of the club," said a spokesman for the league.

All companies registered in Cyprus must disclose their ultimate beneficial owners to the authorities.

The participant will arrange for the tax reclaim form to be signed by the ultimate beneficial owners.

Under the new legislation, institutions also are obliged to verify the identity of a transaction's ultimate beneficial owners.

They also need to satisfy themselves that Al Fahim is the ultimate beneficial owner.

Generally, the extent to which ultimate beneficial owners are identified in account opening etc should be given special attention in supervision.

The ultimate beneficial owner of the company is Thomas Leo Knifton.

Gaydamak, though, says he is owed £28m by the club and last week demanded clarity relating to who is the "ultimate beneficial owner" of Portsmouth.

It also establishes the requirement for all obligated entities to verify the identity of a transaction's ultimate beneficial owner as well as politically exposed persons.

To do this the forms should be photocopied and sent to the ultimate beneficial owner via each intermediary to ensure full details are collected for the company.

Sibneft was also said to be controlled by Mr Abramovich, its ultimate beneficial owner (SoC para 9).

Its leading journalists resigned after it was sold to a London-based company, Blackfish Capital, which declines to say whether it is the ultimate beneficial owner.

The ultimate beneficial owner of Empire Cinemas Ltd is Irish entrepreneur Thomas Anderson.

Furthermore, Law 42 requires Panamanian trust companies to identify to the Superintendency of Banks the real and ultimate beneficial owners of trusts.

In dozens of jurisdictions, from the British Virgin Islands to Delaware, it is possible to register a company while hiding or disguising the ultimate beneficial owner.

Assets will be treated as in truth the assets of the CAD if they are held as nominee or trustee for it as the ultimate beneficial owner.

The ultimate beneficial owner of GreenZap was reported to be Damon Westmoreland, who was reportedly associated with ThePayline.com, a widespread Internet financial pyramid.

He is the ultimate beneficial owner of a significant stake in the company, which is operated as a joint venture with Mubadala Development Company and the Etisalat group.

"In each operation, you would have to ask the seller who is the ultimate beneficial owner of the goods, and they would not tell - it's a big secret," Mr. Wicki said.

The other four ultimate beneficial owners who own an equal stake each are Platon Lebedev, Mikhail Brudno, Vladimir Dubov and Vasily Shakhnovsky.

Its ultimate beneficial owner is widely believed to be Mr Etete, the very minister who had awarded it the block while serving under Sani Abacha, the late, staggeringly corrupt dictator.

There is a proposal to require that the name of the ultimate beneficial owner of the bearer share be recorded in a registry and made accessible to law enforcement officials upon a treaty-based request for the information.

Meanwhile, aides to Mr Cameron reported "good constructive discussions" between the UK prime minister and Mr Harper, although talks on a summit deal on revealing the ultimate beneficial owners of shell companies are ongoing.

The problem with this argument is that it doesn't look at the growth in costs actual beneficiaries face over time.

The actual beneficiary can be taxed on the capital income.

Hence, only a fraction of the money reaches the actual beneficiaries.

Government spending, no less than government transfers, has actual beneficiaries.

Only the actual beneficiary (the investor) can be taxed on the profits distributed by investment companies.

Contingent beneficiaries are ignored until they become actual beneficiaries.

It shows the number of recipients; actual beneficiaries will tend to be about twice the level of recipients.

Once the member dies, the secondary beneficiaries become actual beneficiaries, not contingent beneficiaries.

That legislation would place a greater burden on financial institutions to determine the actual beneficiaries of bank and brokerage accounts and to police money-laundering problems themselves.

Chart B Potential and actual beneficiaries, Ontario (monthly data) Source:

Secondly, as far as culture is concerned, more importance is being attached to intermediaries than to the actual beneficiaries and producers of culture.

The actual beneficiary of the authors' largesse, however, did not exist until Wednesday, the day Mr. Minkin broke the story.

According to the report this change has significantly enlarged the personal scope of actual beneficiaries (from 26 665, under the previous system, to 72 937 under the new one).

The initial messages relay Bank of America’s balking at the payment order, and the fact that the bank wants further information about the actual beneficiaries of the shipment.

But government spending on goods and services, like education, highways, police, and sanitation, has distributional consequences, too, and can be allocated to actual beneficiaries in much the same way as government transfers.

The ECB understands from this mechanism that the account distinguishes the titulaire facial (apparent holder) and the actual beneficiary or creditor of any sum credited to such account.

Most potential and actual beneficiaries, and even some partner agencies, were not aware that the key parameters (20%, for-profit entities, etc.) would constitute key provisions of a potential tax credit regime.

The new CTF legislation is subject to the same excessively high thresholds that apply to reporting all types of suspicious activity, and also lacks requirements to identify actual beneficiaries of transactions.

Table 1 From "unemployed" to "potential beneficiaries": groups removed and added, Ontario The series of potential and actual beneficiaries in Ontario generally follow a similar path over the course of the year.

The debate about who should be the actual beneficiaries of the forest produce and minerals extracts occurs not just at tea stalls, but at elite colleges like St. Xavier's and I.I.M. Ranchi.

While his public-health efforts may have struck some of his haters as elitist and paternalistic, their potential and actual beneficiaries include the city's less fortunate residents, whose obesity rates, for example, surpass those of the affluent.

An "Actual Beneficiary Identification Card " is annexed to the FCMC Recommendations for the Formulation of Procedures for Identifying Clients, Unusual and Suspicious Financial Transactions.

Potential beneficiaries differ from actual beneficiaries in that they include every person who would qualify for EI benefits, according either to current program rules or to Unemployment Insurance program rules under which it was easier to qualify for benefits.

• Broader societal and cultural mandates of the Canadian agencies at all levels Thus, the parameters of a potential Canadian tax credit program would likely exclude US-style investor groups to ensure heritage building owners within the target group, are the actual beneficiaries.