The BOVS “vocabulary” specifies the types of Parties that can appear at the Nodes in a BOVS diagram.
The following types of Parties are types of Beneficial Owner, and so must appear at the start of all Chains in a diagram.
A single private individual. Note that the plural in the context of BOVS is “Persons” not “people”.
Persons are indicated with the Person icon.
A country, state, or governing body with recognised sovereignty; or a department, ministry or fully controlled instrument of such a governing body.
States are indicated with the State icon.
A specific State is indicated either with:
|Public Listed Company||
A publicly traded company listed on a recognised stock exchange.
Public Listed Companies are indicated with the Public Listed Company icon.
The following types of Parties are Owned Entities, and so never appear at the start of a Chain.
Any legal construction that a Party could have an interest in, such as a Company, Trust, Partnership, Contract, etc.
Entities are indicated with the Entity icon.
“Entity” is the most generic term for all the types of Party which can be owned. All of the Parties in this table are kinds of Entity.
Any incorporated entity such as a limited company, public company or charity.
Organisations are indicated with the Organisation icon.
You may use the Label “Organisation” with the Organisation icon, or, if you are able, and want, to be more specific than Organisation, you can use a more specific label like “Company” or “Charity”.
You may choose just to identify all Owned Entities just as “Entities”, or select certain types of Parties (e.g. Companies) for which you will identify their type more specifically.
We provide icons for the above types of Party in our Resources section. You are free to use either these or your own icons. However, if using your own icons, they must closely resemble the BOVS icons.