Annual Trace reporting – Finnish equities (CBF)
To comply with Finnish disclosure and reporting requirements, Clearstream Banking, as an AI, is requested to provide the following details about certified intermediary banks/beneficial owners holding publicly listed Finnish equities:
Certified status of client | Details |
Own assets non-AI | Name, TIN, address, legal status and dividend income details of the Clearstream Banking client (beneficial owner). |
Own assets AI | Name, Finnish and local TIN, address, legal status and dividend income details of the Clearstream Banking client. |
Third party assets AI | Name, Finnish and local TIN, address, legal status and dividend income details of the Clearstream Banking client. |
To ensure the details included in the Clearstream Banking annual TRACE reporting are correctly reflected towards the FTA, AI clients will further more be requested to validate and confirm to Clearstream Banking that the reportable figures are correct and in line with the reporting that the AI client will include in its own annual reporting to the FTA.
Further details regarding the exact reconciliation procedure will be communicated to clients in due course.