Beneficial ownership declaration forms: Guide for regulators and designers

  • Publication date: 17 March 2021

Customising the example form to include domestic definitions related to beneficial ownership

Referencing the example form can be made easier if it is aligned with a jurisdiction’s legal or regulatory definitions. Placeholders are provided for the following:

  • The definition of a beneficial owner;
  • The definition of a politically exposed person (PEP);
  • The criteria that makes PLCs with direct or indirect interests in the declaring company disclosable.

The example form’s “Guidance” sheet contains advice on where the above information should be placed in the form.

Note that there is no placeholder for a local definition of SOE; the form’s structure and fields would be too dependent on the scope of such a local definition. OO has focused instead on collecting good quality information about a state’s interests in a declaring company, independent of any particular definition.

Next page: Features of the example form