nominee company

Moreover, these investors will no longer be able to hide behind nominee companies.

It was disclosed earlier this month that Ansbacher held 2.2 million Guinness shares through a nominee company.

Fininvest acknowledges a 10 percent stake in the station but magistrates are seeking to discover whether it controls a bigger share through nominee companies.

Shares for companies from countries such as the United States and Canada are currently made out in the name of any one of four nominee companies.

Committee of Inquiry into Solicitors' Nominee Companies (1982)

"I wrote 250 letters, one to every anonymous 'nominee company' that owned at least 10,000 shares," Mr. McGregor said.

The ability to incorporate only part of the practice will be important to those firms having or wishing to set up separate executor, trustee or nominee companies.

But the American and Canadian shareholders (they owned shares "beneficially" through nominee companies, who were defendants alongside Rank in the case) were still unhappy.

UMNO critics, contend that the official figure does not take into account the huge volume of shares, amounting to 7.9 percent in 1999, that is held by nominee companies.

Independent studies have revealed that politicians and political parties, including UMNO, have resorted to using nominee companies to conceal their ownership of corporate equity from public scrutiny.

The directors are Allan and Margaret Hubbard and the share capital is owned by another Hubbard-owned company, Forresters Nominee Company Limited.

SFIS (Nominees) Limited (nominee company in relation to Scottish Friendly Insurance Services Limited's ISA custody assets).

Delaporte Establishment - the nominee company which emerged earlier this week with a significant shareholding in merchant bank Morgan Grenfell - yesterday disclosed a 1.13 per cent Ferranti stake.

In addition, the rules require greater disclosure from investor groups acting together, and they require "nominee companies" - concerns formed to acquire the shares of a takeover target - to disclose the names of their owners.

In September 2010, two further companies related to Hubbard Funds Management, Hubbard Churcher Trust Management Ltd and Forresters Nominee Company Ltd, were also placed under statutory management.

Such a system exists in New York in the shape of the Depository Trust Company, and would probably require a 'nominee' and one possibility is to expand the use of the stock Exchange nominee company, Sepon.

Mr Ward was arrested by the FBI in Washington on Thursday and charged with Theft Act offences relating to the £5.2m he secretly received from Guinness through an obscure offshore nominee company in May 1986.

The accounting regulators found that the Inland Revenue had been investigating transactions by a Swiss nominee company, Fax Investments, in shares in Polly Peck and another company run by Mr Nadir's son, Birol.

Up to now someone, such as a group company secretary or a separate nominee company, has had to hold a share or shares in the subsidiary, normally under a declaration of trust, plus a transfer form held by the holding company, with the transferee section left blank.