Annual Trace reporting – Finnish equities
To comply with Finnish disclosure and reporting requirements, LuxCSD, as an AI, is requested to provide the following details about certified intermediary banks/beneficial owners holdings in publicly listed Finnish equities:
Certified status of client | Details |
Own assets non-AI | Name, TIN, address, legal status and dividend income details of the LuxCSD client (beneficial owner). |
Own assets AI | Name, Finnish and local TIN, address, legal status and dividend income details of the LuxCSD client. |
Third party assets AI | Name, Finnish and local TIN, address, legal status and dividend income details of the LuxCSD client. |
To ensure the details included in the LuxCSD annual Trace reporting are correctly reflected towards the FTA, AI clients will furthermore be requested to validate and confirm to LuxCSD 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.
For this purpose, clients with Authorised Intermediary (AI) status, will be able to obtain a reconciliation file from LuxCSD.
Clients may request such reconciliation file by sending an email to: tax@clearstream.com, specifying in the subject line “Trace reporting – reconciliation file request for fiscal year XXXX”. The email shall list the LuxCSD account numbers impacted.