A beneficial owner in money laundering law is a person who either owns or otherwise controls a business. Since the entry into force of the Money Laundering Act in June 2017, Siemens Financial Services (SFS) has also been obliged to verify the beneficial owners of client companies, in addition to identifying the signatories of contracts. Read more on the website of the National Board of Patents and Registration: https://www.prh.fi/fi/kaupparekisteri/edunsaajatiedot/kuka.html