Statutory requirements regarding the prevention of terrorism, drug trafficking and money laundering requires NMSL to conduct thorough due diligence on its clients identities and the nature of their business. NMSL respect the confidentiality of its clients; however, NMSL is obligated by law to obtain the following information relating to all beneficial owners, directors, shareholders, bank account signatories and all parties connected to in any way to any company, business, trust or foundation NMSL may form or manage.

• Source of Funds
• Certified statement of net worth or proof of net worth and source of wealth is required from the principal(s) or beneficial owners. This information must include a brief description as to the origins of wealth and the period over which the wealth was generated.
• Two Proofs of Identity
• To establish the identity and signature of all parties, clients must provide the following:
• Current Valid Full Passport; and
• Current Valid National ID Card

Such documents must bear a clear photograph, the holders’ signature and the document number. The copy must be certified by an employee of NMSL or any of the following:

• A notary public or
• A lawyer

Proof of Beneficial Ownership

A certified copy of the company’s share register or other legal proof of beneficial ownership detailing the names of the shareholders and the amount of shares allocated to each shareholder.

Proof of Business Address

To validate the business address in your application provide ONE of the following dated within the last three months, for each connected company:

• Original utility bill (a telephone bill [mobile telephone bills are not acceptable], electricity etc.);
• Original bank or mortgage statement from a recognised bank; and
• Original bank reference, confirming the business address, from a recognised bank.

Proof of Residential Address

To validate the home address of all parties mentioned in your application, you must provide ONE of the following dated within the last three months, for each party:

• Original utility bill (a telephone bill [mobile telephone bills are not acceptable], electricity etc.);
• Original bank or mortgage statement from a recognised bank;
• Original credit card statement; and
• Original bank reference, confirming the home address, from a recognised bank.

Police Certificate

Provide an original current police certificate of each significant person named on the application.