Identity verification for directors and shareholders is a critical requirement to ensure the legitimacy and integrity of business operations:
- Full names of the board of directors (or, if there is no board, the members of the equivalent management body) and the senior persons responsible for the operations of the legal entity
- Identify and verify Ultimate Beneficial Owners (UBOs) owning more than 25%. If the Partner is reluctant to provide proof of ID, the Compliance Specialist may request additional passport data, including:
- Full name
- Date of birth
- Nationality
- Identification document number
- Proof of IDs to verify the name and date of birth of all directors