Beneficial Ownership Information Analysis

Task Overview

This article provides a detailed guide on analyzing beneficial ownership information disclosed for two corporate entities. The task involves extracting specific information from the dataset, while also considering the additional requirements and guidelines provided in the EITI Standard.

Entity 1: BO - Mr Xie Weitong

Extracted Information

• Beneficial Owner’s Identity: Mr Xie Weitong
  • Nationality: [Insert Nationality]
• Country of Residence: [Insert Country of Residence]
• Nationality and ID Number: [Insert Nationality] [Insert ID Number]
• Date of Birth: [Insert Date of Birth]
• Residential or Service Address: [Insert Address]
• Means of Contact: [Insert Contact Information]

Entity 2: BO - Mrs Qiujinhua

Extracted Information

• Beneficial Owner’s Identity: Mrs Qiujinhua
  • Nationality: [Insert Nationality]
• Country of Residence: [Insert Country of Residence]
• Nationality and ID Number: [Insert Nationality] [Insert ID Number]
• Date of Birth: [Insert Date of Birth]
• Residential or Service Address: [Insert Address]
• Means of Contact: [Insert Contact Information]

Additional Requirements

Accuracy of Beneficial Ownership Information

• The multi-stakeholder group should agree on an approach for participating companies to assure the accuracy of the beneficial ownership information they provide.
• Companies may be required to attest the beneficial ownership declaration form through sign-off by a member of the senior management team or senior legal counsel.
• Supporting documentation may be submitted.

Definition of Beneficial Ownership

• A beneficial owner is defined as the natural person(s) who directly or indirectly ultimately owns or controls the corporate entity.
• The multi-stakeholder group should agree on an appropriate definition of the term beneficial owner, taking into account international norms and relevant national laws.
• The definition should specify reporting obligations for politically exposed persons.