Appendix I: Beneficial Ownership Diagram

 

 

 

Individual

Ownership Calculation
(of SJ Enterprises)

Is Beneficial Ownership Information Required?

Mr. Bill

0.35 X 1.00 X  0.50 =  0.175 =  17.5%

No*

Mr. Hunt

0.65 X 1.00 X  0.50 =  0.325 =  32.5%

Yes

Ms. Smith

0.40 X 1.00 X  0.20 =  0.080 =  8.00%

No*

Ms. Best

0.60 X 1.00 X  0.20 =  0.120 =  12.0%

No*

Mr. Smith

10.0%

No*

Mr. Hunter

3%

No*

Ms. Little

7.0%

No*

Mr. Smart

10%

No*

*Beneficial ownership information may be required if the client is high risk or if there are any red flags.