DUE DILIGENCE DOCUMENTATION
Following requirements of Proceeds of Crime (Money Laundering) and Terrorist Financing Act, Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations and other similar Canadian and similar applicable foreign laws and regulations we must request the following due diligence documentation following for EACH director, shareholder, and beneficial owner of the company to be incorporated by your order placed with us:
- 1. A notarized photocopy of the photograph and signature pages of the applicable person's passport. Alternatively the passport copy could be verified by a lawyer, accountant, a bank manager or an Embassy or Consulate.
- 2. A bank reference addressed To Whom It May Concern. The reference should state how long the applicable person has been a client of the bank and that his/her relationship with them has been handled in a satisfactory and businesslike manner (or similar wording).
A professional reference, typically from a firm of lawyers, accountants, auditors or other similar persons addressed To Whom It May Concern. This should be made on the letterhead of the law firm or other professionals providing the reference.
- 3. Confirmation of the residential address for each person (an original utility bill or a scanned copy of the driverís licence or other ID document confirming the residential address of the ID holder).
If a director or shareholder is a company please provide scanned set of copies of the principal corporate documents thereof. We will also need full disclosure of the directors, shareholders and beneficial owners of the corporate directors and shareholders.
Note 2. All documents in a language other than English will have to be translated into English by a sworn translator with the signature of the latter confirmed by a notary, bank manager, or an Embassy or Consulate.