Where standard verification is undertaken with respect to a private company, the following “Client Information” will be requested from the Client contact (see Client contact): 

 

  • Documentation (e.g. Company extract, or letter from solicitor) confirming the following details:

    • Company name

    • Registration number 

    • Country of incorporation

    • Registered address 

    • All directors (including nominees)

    • Any beneficial owners

    • Relationship to client (if not the client), e.g. subsidiary, parent 


In addition, verification (see Client verification  will be initiated with respect to:


Where enhanced verification is undertaken with respect to a client that is a private company, the standard verification process (above) will be initiated with the following addition:

  • Source of Wealth or Source of Funds (see Source of Wealth) for the client will be requested


Where simplified verification is undertaken with respect to a client that is a private company, the standard verification process (above) will be initiated with the following exception: