Each subscriber must complete a full CIS/KYC package whether applying as an individual or a corporation. This information includes physical address, banking information including banker contact information, high resolution passport copies, utility bills and items such as corporate resolutions. Additional documentation required are proof of funds (POF) and ability to perform, Ready Willing and Able statements (RWA) and Authorization to Verify (ATV).
Each subscriber must also prove proper ownership of the asset involved. Requirements may include Safe Keeping Receipts (SKR) and futher substantiation to prove proper title of ownership. Other supporting documentation may be required as requested.
To comply with Anti-Money Laundering (AML) laws, subscribers may have to provide information proving that the asset was paid for or how the asset was obtained including prior owner information. Additional information may be required on a case-by-case basis.
Upon successful completion of internal compliance for first Due Diligence on the individual or corporation and the asset, we will present the roadmap for process completion to unlock the asset potential.
Although this process may appear arduous, it provides proper security and effective operation for all parties involved. We will work with you efficiently to make the process as pain free as possible. Client participation and full transparency will be required.
We are looking forward to our first consultation where we identify the type of asset as well as what the current circumstances may be.
de Berger & Bears AG
Arbachstrasse 60B
CH-6340 Baar
