Examples / Intro

Examples

The following examples highlight key elements of how ownership and control information is built up through the use of statements.

A single direct owner

The example below presents three statements (Entity, Person and OwnershipOrControl) that describe the 100% beneficial ownership of Chrinon Ltd by Chris Taggart.

[
  {
    "statementID": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7",
    "statementType": "entityStatement",
    "statementDate": "2017-11-18",
    "entityType": "registeredEntity",
    "name": "CHRINON LTD",
    "foundingDate": "2010-11-18",
    "identifiers": [
      {
        "scheme": "GB-COH",
        "id": "07444723"
      }
    ]
  },
  {
    "statementID": "019a93f1-e470-42e9-957b-03559861b2e2",
    "statementType": "personStatement",
    "statementDate": "2017-11-18",
    "personType": "knownPerson",
    "nationalities": [
      {
        "code": "GB"
      }
    ],
    "names": [
      {
        "type": "individual",
        "fullName": "Christopher Taggart",
        "givenName": "Christopher",
        "familyName": "Taggart"
      },
      {
        "type": "aka",
        "fullName": "Chris Taggart"
      }
    ],
    "birthDate": "1964-04",
    "addresses": [
      {
        "type": "service",
        "address": "Aston House, Cornwall Avenue, London",
        "country": "GB",
        "postCode": "N3 1LF"
      }
    ]
  },
  {
    "statementID": "fbfd0547-d0c6-4a00-b559-5c5e91c34f5c",
    "statementType": "ownershipOrControlStatement",
    "statementDate": "2017-11-18",
    "subject": {
      "describedByEntityStatement": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7"
    },
    "interestedParty": {
      "describedByPersonStatement": "019a93f1-e470-42e9-957b-03559861b2e2"
    },
    "interests": [
      {
        "type": "shareholding",
        "interestLevel": "direct",
        "beneficialOwnershipOrControl":true,
        "startDate": "2016-04-06",
        "share": {
          "exact": 100
        }
      }
    ]
  }
]

Joint ownership

To model joint ownership, an artificial ‘arrangement’, owned by the two parties responsible for it, should be included within a chain of ownership.

[
  {
    "statementID": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7",
    "statementType": "entityStatement",
    "statementDate": "2017-11-18",
    "entityType": "registeredEntity",
    "name": "CHRINON LTD",
    "foundingDate": "2010-11-18",
    "identifiers": [
      {
        "scheme": "GB-COH",
        "id": "07444723"
      }
    ],
    "addresses": [
      {
        "type": "registered",
        "address": "Aston House, Cornwall Avenue, London, N3 1LF",
        "country": "GB",
        "postCode": "N3 1LF"
      }
    ],
    "incorporatedInJurisdiction": {
      "code": "GB"
    }
  },
  {
    "statementID": "26e786f0-54c5-497d-a52d-b83439ce3dad",
    "statementType": "entityStatement",
    "statementDate": "2018-01-05",
    "entityType": "arrangement",
    "name": "Joint shareholding"
  },
  {
    "statementID": "676ce2ec-e244-409e-85f9-9823e88bc099",
    "statementType": "ownershipOrControlStatement",
    "statementDate": "2018-01-05",
    "subject": {
      "describedByEntityStatement": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7"
    },
    "interestedParty": {
      "describedByEntityStatement": "26e786f0-54c5-497d-a52d-b83439ce3dad"
    },
    "interests": [
      {
        "type": "shareholding",
        "interestLevel": "direct",
        "beneficialOwnershipOrControl":false,
        "startDate": "2018-01-01",
        "share": {
          "exact": 100
        }
      }
    ]
  },
  {
    "statementID": "17bfeb0d-4a63-41d3-814d-b8a54c81a1f",
    "statementType": "personStatement",
    "statementDate": "2018-01-05",
    "name": "Natalie Coleman"
  },
  {
    "statementID": "d1eb52de-ff02-4690-8359-f4bbf9c128b1",
    "statementType": "personStatement",
    "statementDate": "2018-01-05",
    "name": "Roberto López"
  },
  {
    "statementID": "c222fe05-2bf3-4cc0-b126-f665109d7211",
    "statementType": "ownershipOrControlStatement",
    "statementDate": "2018-01-05",
    "subject": {
      "describedByEntityStatement": "26e786f0-54c5-497d-a52d-b83439ce3dad"
    },
    "interestedParty": {
      "describedByPersonStatement": "17bfeb0d-4a63-41d3-814d-b8a54c81a1f"
    },
    "interests": [
      {
        "type": "shareholding",
        "interestLevel": "direct",
        "beneficialOwnershipOrControl":true,
        "startDate": "2018-01-01",
        "share": {
          "exact": 50
        }
      }
    ]
  },
  {
    "statementID": "c222fe05-2bf3-4cc0-b126-f665109d7211",
    "statementType": "ownershipOrControlStatement",
    "statementDate": "2018-01-05",
    "subject": {
      "describedByEntityStatement": "26e786f0-54c5-497d-a52d-b83439ce3dad"
    },
    "interestedParty": {
      "describedByPersonStatement": "d1eb52de-ff02-4690-8359-f4bbf9c128b1"
    },
    "interests": [
      {
        "type": "shareholding",
        "interestLevel": "direct",
        "beneficialOwnershipOrControl":true,
        "startDate": "2018-01-01",
        "share": {
          "exact": 50
        }
      }
    ]
  }
]

Updating ownership

To update a previous statement, a new beneficial ownership statement, with a replacesStatement property is required.

In the (fictional) example below, the previous statement that Chris Taggart has 100% ownership of Chrinon Ltd is replaced by a new statement showing 50% ownership. A separate statement declares that the owner of the other 50% has not yet been identified.

Note that only changed statements need to new statement identifiers.

[
    {
    "statementID": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7",
    "statementType": "entityStatement",
    "statementDate": "2017-11-18",
    "entityType": "registeredEntity",
    "name": "CHRINON LTD",
    "foundingDate": "2010-11-18",
    "identifiers": [
      {
        "scheme": "GB-COH",
        "id": "07444723"
      }
    ]
  },
  {
    "statementID": "019a93f1-e470-42e9-957b-03559861b2e2",
    "statementType": "personStatement",
    "statementDate": "2017-11-18",
    "personType": "knownPerson",
    "nationalities": [
      {
        "code": "GB"
      }
    ],
    "names": [
      {
        "type": "individual",
        "fullName": "Christopher Taggart",
        "givenName": "Christopher",
        "familyName": "Taggart"
      },
      {
        "type": "aka",
        "fullName": "Chris Taggart"
      }
    ],
    "birthDate": "1964-04",
    "addresses": [
      {
        "type": "service",
        "address": "Aston House, Cornwall Avenue, London",
        "country": "GB",
        "postCode": "N3 1LF"
      }
    ]
  },
  {
    "statementID": "676ce2ec-e244-409e-85f9-9823e88bc099",
    "statementType": "ownershipOrControlStatement",
    "statementDate": "2018-01-05",
    "subject": {
      "describedByEntityStatement": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7"
    },
    "interestedParty": {
      "describedByPersonStatement": "019a93f1-e470-42e9-957b-03559861b2e2"
    },
    "interests": [
      {
        "type": "shareholding",
        "interestLevel": "direct",
        "beneficialOwnershipOrControl":true,
        "startDate": "2016-04-06",
        "share": {
          "exact": 50
        }
      }
    ],
    "replaceStatements": [
      "fbfd0547-d0c6-4a00-b559-5c5e91c34f5c"
    ]
  },
  {
    "statementID": "30e9def3-fa2e-428a-9a02-f43b2a6d5c2e",
    "statementType": "ownershipOrControlStatement",
    "statementDate": "2018-01-05",
    "subject": {
      "describedByEntityStatement": "1dc0e987-5c57-4a1c-b3ad-61353b66a9b7"
    },
    "interestedParty": {
      "unspecified": {
        "reason": "interested-party-has-not-provided-information",
        "description": "The new owner of shares has been contacted to ask them to confirm the ultimate beneficial owner."
      }
    },
    "interests": [
      {
        "type": "shareholding",
        "interestLevel": "direct",
        "beneficialOwnershipOrControl":true,
        "startDate": "2016-04-06",
        "share": {
          "exact": 50
        }
      }
    ],
    "replaceStatements": [
      "fbfd0547-d0c6-4a00-b559-5c5e91c34f5c"
    ]
  }
]

When a data file is provided, all the person or entity statements referenced from an ownershipOrControl statement subject or interestedParty field should be included in the file.