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How do Transfer Agents/Share Registrars get the names of beneficiary shareholders
In the United States, the stock certificate is updated to include beneficiary information.  I expect it to be similar with other markets. TOD (Transfer on Death) From: http://www.nolo.com/legal-encyclopedia/free-books/avoid-probate-book/chapter3-2.html (emphasis added) If you have a brokerage account, contact the broker for instructions.   Most likely, the broker will send you a form on which you’ll name   beneficiaries to inherit your account. From then on, the account will   be listed in your name, with the beneficiary’s name after it, like   this: “Evelyn M. Meyers, TOD Jason Meyers.” If you have the actual stock certificates or bonds in your possession   (most people don’t), you must get new certificates issued, showing   that you now own the stock in beneficiary form. Ask your broker for   help; if that doesn’t work, contact the transfer agent for the stock.   You can get the address from your broker or the investor relations   office of the corporation. The transfer agent will probably have you   send in the certificates, a form called a stock or bond power (some   stock certificates have the power printed on the back), and a letter   explaining what you want to do.