Corporate documents

• Constitutional document (e.g. Trust Deeds)
• Email confirmation on name(s) of beneficiary who has received vested interest to date

Structure chart

A structure chart including each intermediary layer(s) up to ultimate beneficial owner level, being confirmed by one of the below:

• Settlor
• Trustee
• Protector
• Enforcer
• Authorised signatory

Ownership and control

CDD documents are required for the below parties:

• Direct beneficiaries – those parties with a direct vested interest in the assets of the trust (e.g. named beneficiaries)
• Direct controllers – those parties exercising direct control over the trust (e.g. trustees, protectors, enforcers, etc)
• Direct contributors – those parties who have directly contributed the assets of the trust (e.g. the settlor)
• Ultimate beneficiaries – those parties with an ultimate vested interest in the assets of the trust (e.g. any individuals or regulated/listed entities sitting above direct beneficiaries who are private companies, trusts, etc).
• Ultimate controllers – those parties exercising ultimate control over the trust (e.g. individual directors of a trustee which is a private company).
• Ultimate contributors – those parties who have ultimately contributed the assets of the trust (e.g. high net worth individual sitting behind a settlor which is a corporate, or foundation, or similar)
• Intermediate parties – any other parties sitting between direct beneficiaries/controllers/contributors and the ultimate beneficiaries/controllers/contributors.

The above mentioned should be submitted to us via one of the following methods: