Beneficial owner in Russia.
According to the last amendments to the Federal Law 115-fz the Beneficial owner is a person who posses directly or indirectly more than 25% in the capital of company or can control the company.
If the beneficial owner can't be determined the executive body of a client company can be deemed as a beneficial owner.
Generally, according to the law the Client defined as the client of bank.
It is not clear what Russian authority will do with nominee directors of offshore companies.
According to the last amendments to the Federal Law 115-fz the Beneficial owner is a person who posses directly or indirectly more than 25% in the capital of company or can control the company.
If the beneficial owner can't be determined the executive body of a client company can be deemed as a beneficial owner.
Generally, according to the law the Client defined as the client of bank.
It is not clear what Russian authority will do with nominee directors of offshore companies.
