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Requirement to disclose ultimate beneficiaries of RF companies

DATE: January 25, 2012 | AUTHOR: admin

The head of Federal Security Service declared that the requirement to disclose ultimate beneficiaries of RF companies is planned to be established next year by amending the Federal Laws «On join stock companies» and «On capital markets» . Company beneficiaries who refused to be disclosed might be restricted in company management. Specifically it is planned to deprive beneficiaries their rights to vote shares and to receive dividends.

 

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