Including, but not limited to:

  • Societies

  • Clubs

  • Non-profits

  • Churches

  • Foundations

  • School boards

  • Co-operatives

  • Associations

  • Licenced managed intermediaries

  • Specified managing intermediaries

  • Body corporates


Where standard verification is undertaken with respect an Other organisations, the following “Client Information” will be requested from the Client contact (see Client contact):

 

  • Documentation (e.g. organisation rules, or letter from a solicitor) confirming the following details:

    • Name of organisation

    • Type of organisation (e.g. society, club)

    • Address of organisation

    • Registration number (if applicable)

    • Relevant individuals (e.g. directors, trustees)

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


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


Where enhanced verification is undertaken with respect to a client that is an Other organisation, 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 an Other organisation, the standard verification process (above) will be initiated with the following exception: