The Anti-Money Laundering (AML) regulating authorities and our internal Due Diligence procedures, obligate us to obtain from any person or entity interested in our services, some information / documentation.
Accordingly, Patton, Moreno & Asvat requests with two types of Due Diligence forms, to wit:
Due Diligence for Intermediary clients
This type of Due Diligence is required for intermediaries such as Banks, Law firms, Trust, Insurance Companies, Stock Brokers and Certified Public Accountants, that provide services to a third party. The intermediary guarantees to the firm that it is a professional organization whose conducts or practices require to adopt and maintain professional and ethical standards for the prevention and detection of money laundering at least equal to those required by Law.
Due diligence for Individual clients
This type of Due Diligence is required for any person or entity in its capacity as beneficial owner of those companies for which Patton, Moreno & Asvat will act as Resident Agent and which does not belong to a professional organization whose conducts or practices requires to adopt and maintain professional and ethical standards for the prevention and detection of money laundering.