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Business outlook 2015June 2015Business Outlook the new normal holding people accountable Page 15our members announcePRESIDENTS MESSAGE Kudos to the City and the Blasters p. 3INSIDEhot links 2015 august
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What is holding people?
Holding people refers to individuals or entities that have ownership or significant control over a company or organization.
Who is required to file holding people?
Companies or organizations are required to file information about holding people as part of regulatory compliance or transparency measures.
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The purpose of holding people disclosure is to increase transparency, prevent financial crimes like money laundering, and protect against fraud by identifying individuals with significant control over a company.
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Information reported on holding people may include names, addresses, citizenship, ownership percentages, and any other relevant details about their control over a company.
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