Relational database design considerations for beneficial ownership information
Summary
In the key concepts section, this guidance note introduces the concept of beneficial ownership and outlines the characteristics of the Beneficial Ownership Data Standard (BODS). It describes how the data model allows those characteristics to be expressed in data. These sections provide background information for users to consider when designing a beneficial ownership database.
The section on information flows describes the assumptions made about the high-level systems architecture within which a beneficial ownership database will exist, and how data flows from a declaring company through that system to be published.
The section on data capture discusses best practice for collecting beneficial ownership data. Finally, an outline is provided of a potential relational database structure that enables the collection and storage of beneficial ownership data in a way that supports the publication of high-quality BODS data.
Key resources are included at the end of this note to support further investigation.