From 1 October 2018, we are required to undertake due diligence in order to comply with our obligations under the Anti Money Laundering and Counter Funding of Terrorism (AML/CFT) legislation.
We will require information from you which may differ depending on your type of entity and the nature of your work. We will need this information prior to carrying out your instructions.
The next time we receive instructions from you, or if there is a material change in the nature of your work, we will let you know what we require. The types of information we will be gathering will include:
- Forms of identification (such as your driver's licence or passport)
- Verification of your address (such as a rates invoice or utilities bill)
- Your occupation and where you do business
- Whether you are a 'politically exposed person' (PEP)
- Whether you reside in a high risk jurisdiction
We may also need further information as your matter progresses. For certain advice we may also have to verify the source of funds. With Trusts we require information about Trustees and Beneficiaries. For Company transactions we will need information about Directors and Shareholders.
If you have any queries or concerns, please do not hesitate to contact us.
Here at Mayston Partners we believe supporting the finest young fruit or vegetable growers in the country is a pretty cool thing to be doing. At this years BOP Young Fruit Growers Competition the Mayston Partners Orchard Profitability Quiz was one of seven practical events that the competition comprised of.
Kate Longman, Chair of the Bay of Plenty Young Fruit Grower Upskilling Inc. gives an overview of the competition and its importance to the horticulture industry in the Bay of Plenty. This years competition was held in conjunction with the Te Puke A & P Show
We specialise in bringing Xero to your Business.
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