Customer AML/KYC | Carta will provide the AML and KYC services, including Customer Due Diligence (“CDD”) Initial sanction and watch list screenings Review of entities Entity information; Control person of entity; Individual beneficial owners with 10% or more ownership, as applicable; and Verification of identification as described above. Perform Risk Rating Assessment on the investor.
Periodic Monitoring Obtain and review updated CDD information Re-perform risk rating assessment Provide an update to the Client on any change in the screening and risk rating assessment.
Perform ongoing monitoring for contract period | GP (or legal counsel) must first provide Carta with all necessary information, as follows: For entities: Fund formation document; Name of the entity; Address; Company registration number Confirmation regarding the origin of wealth, i.e. evidence of how the funds for the investment were accumulated; Government-issued ID number (Tax Identification Number) US Person FATCA GIIN CRS
GP to provide Carta with individual information for beneficial owners with 10% or more ownership Name; Title; Personal address; Date of birth; Copy of passport or other valid government issued photographic identification which includes the individual's name, document identification number, expiration date, nationality, date and place of birth, and a signature page; Copy of proof of address (e.g. a utility bill, tenancy agreement, bank reference or bank statement), which is dated no earlier than three (3) calendar months Confirmation regarding the origin of wealth, i.e. how the funds for the investment were accumulated (required for those with an economic interest in the investment only); and Tax identification number (TIN/NIN/UTR/SSN)
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