One possible negative is communications to beneficial owners from issuers.
In some cases there may be both a beneficial owner and a legal owner of land or buildings.
A beneficial owner is therefore one who owns the legal estate for the benefit of him or herself.
The actual shareholder is referred to as the beneficial owner.
However, he stepped in to claim that he actually was the beneficial owner.
We treat the beneficial owner as the person making the grant.
The company explains that many of these investors "were believed to be nominees for the actual beneficial owners."
The beneficiaries are beneficial (or equitable) owners of the trust property.
I'm the account holder, but Peter was what they call the 'beneficial owner.'
The company is also said to have been the beneficial owner of £346,800 held by solicitors in London.