Beneficial Ownership or Beneficial Ownership Requirements (UBO's)

By law, we require this data to prevent illegal activities like money laundering. We aim for a secure and trustworthy environment for everyone.

What is an Ultimate Beneficial Owner (UBO)?

It is the natural person(s) who:

• Own more than 25% of shares or control the company.
• Hold a position of significant control (e.g., CEO, President).
• Is the administrator, if there are no clear owners/executives (or the natural person behind the corporate administrator).

What if the owner is another company?

We need to identify the ultimate beneficial owners of that company, down to the natural persons.

Documents:

If your country requires it, upload specific registrations or notarized deeds (e.g., Ultimate Beneficial Owner Register).

Exceptions:

Not required for companies listed on regulated markets that comply with transparency standards.

Data changes:

If there are changes in ownership data, it is mandatory to update them with us as soon as possible.