DUE DILIGENCE
know your client or KYC procedures.

All prospective clients must provide information and certain documents to comply with local and international due diligence standards.

 

Gibraltar adopts a Risk Based Approach to compliance and the provision of information and documents  at the very outset of a relationship which enables this to be assessed.

 

M & M Management at the beginning of a relationship will provide a Due Diligence form for completion which will set out all of the information and documents required.

 

As a simple guide, the following are some of the typical documents and information required.:-

 

• 2 x proofs of identification
• 2 x address verification documents
• 1 x professional reference
• 1 x background information, including a C.V.
• 1 x source of wealth information