Hi John,

Looks like you're dealing with a "beneficial owner" here.

Does this definition from investorwords (http://www.investorwords.com/459/beneficial_owner.html) sound like it fits with your context?

beneficial owner
The individual who enjoys the benefits of owning a security or property, regardless of whose name the title is in.

Also known in French as "bénéficiaire effectif".


Look at these two google hits (especially the first one).

Nouvelle page 2 - [ Translate this page ]
... Le trust se caractérise par la division des droits entre le "legal owner" et le "beneficial owner". Il s'agit donc bien sinon d'un démembrement de ...
lexinter.net/LOTWVers4/trust.htm - 13k - Cached - Similar pages

[PDF] Obligation de diligence et blanchiment d’argent
File Format: PDF/Adobe Acrobat - View as HTML
... 4.1 Identification du cocontractant (principe know your customer). 19. 4.2 Identification de l’ayant droit économique (beneficial owner) ...
www.bankingtoday.ch/fr/lehrmittel/ lektionen/13sog/pdf/13_sorgfaltspflicht_f_05_2003.pdf - Similar pages


The links below are to a site in Luxembourg - OK, admittedly a translation into English, and Luxembourg financial institutions are not known for having the best translations, but...

Hope all this helps.

--------------------------------------------------
Note added at 57 mins (2005-05-11 00:50:29 GMT)
--------------------------------------------------


I just now confirmed \"beneficial owner\" as the translation of \" ayant droit economique\" with an English into French translator (one of the very best financial translators around).


--------------------------------------------------
Note added at 1 hr 1 min (2005-05-11 00:53:49 GMT)
--------------------------------------------------


Of course, if you want to maintain the abbreviations, then put \"(BO)\" after \"beneficial owner\".