• Purpose: Required during an Onboarding and KYC periodic review, if a change has occurred
• Validity: The most recent version 

Please provide the Memorandum or Articles of Association (or statutes or by-laws or articles of incorporation or charter) that governs your company and contains information on the following: 

• Business purpose and list of activities the entity is authorized to exercise 
• Name of the regulator 
• Responsibilities of directors and management 
• Means by which the shareholders exercise control over the board of directors  
• Details on whether the entity is authorized to issue bearer shares  

• Purpose: Required during an Onboarding and KYC periodic review  
• Validity: The most recent version, not older than 3 months for Onboarding and 6 months for KYC periodic review 

Business License reflects proof of regulation. It acts as evidence that the member firm is licensed as a financial services provider and/or regulated or listed by the relevant authority or self-regulatory industry association according to the legal requirements of its jurisdiction. 

If your entity is established by a law or decree, please provide proof of set up / establishment stating the respective legislative law, act or decree or an official document issued by the relevant governmental authority proving the set-up and supervision or a charter of public authorities (such as governmental decrees). 
 

• Purpose: Required during an Onboarding and KYC periodic review  
• Validity: The most recent version, not older than 3 months for Onboarding and 6 months for KYC periodic review 
   

Commercial register should reflect proof of existence, shareholders, authorized persons, and the board of directors. It acts as evidence that the member firm is currently registered as an active legal person. Please provide an excerpt from the public register of companies, trade registry or the office of Secretary of State etc. of the relevant jurisdiction. It should be issued by the local authority which oversees company registrations or is downloadable from this authority’s website.  

If an entry in the Register of Companies does not exist, corresponding evidence could be provided via

• Certificate of Incorporation or 
• Provisions by law or in the articles of association applicable to the specific entity (e.g. for a central bank, the Central Bank Law of the respective jurisdiction)

• Purpose: Required during an Onboarding and KYC periodic review
• Validity: Should not be older than 1 year 

Wolfsberg Questionnaire is an AML Questionnaire that covers the major aspects of the financial crime programs, these being the AML (Anti Money Laundering), ABC (Anti bribery and corruption) and Sanctions related topics. Please provide the applicable, signed and filled out Wolfsberg Questionnaire (CBDDQ or FCCQ).  

What is the difference between CBDDQ and FCCQ?

The Wolfsberg CBDDQ V1.4 is requested from customers who perform client (agency) business.

The Wolfsberg FCCQ V1.2 is requested from customers who perform only proprietary business with us.

For more guidance how to fill in the questionnaire please visit: the Wolfsberg Group.

• Purpose: Required during an Onboarding and KYC periodic review   
• Validity: Should not be older than 1 year 

The CIT contains all relevant information to identify a customer e.g. customer basic data, ownership data, executive management data and sanctions certificate. Members are requested  to fill out and duly sign our Customer Identification Template (CIT).

• Purpose: Required during an Onboarding and KYC periodic review  
• Validity: Should not be older than 1 year 
     

The Ownership and Structure chart is required along with the Customer Identification Template (CIT). Please provide a visual representation of all significant shareholders owning or controlling directly or indirectly 10% or more of the company’s shares, voting, profit rights or other means of similar control. It is necessary to indicate the ownership or shareholding percentages with each connector in the chart. The chart itself must be duly signed and stamped accordingly.  

• Purpose: Required during an Onboarding and KYC periodic review 
• Validity: Should not be older than 1 year 

The organizational chart is required along with the Customer Identification Template (CIT). The organizational chart is a visual representation of the structure of the executive management, including their functions. The chart itself must be signed and stamped accordingly. 

• Purpose: Required during an Onboarding and KYC periodic review   
• Validity: Should be valid and not passed the date of expiry 

The passport or ID card is required to verify the identity of an Ultimate Beneficial Owner (UBO) according to the Money Laundering Act (GwG). A “Beneficial Owner” is the natural person who ultimately owns or controls directly or indirectly, through holding companies or pooling of interest, 25% or more of the share capital, business interest, voting rights or similar means of control according to the GwG.

For the identification of Ultimate Beneficial Owners, a copy of a valid Passport or ID card is required which displays the following information:

• Full name 
• Place of birth 
• Date of birth 
• Citizenship 
• Address of residence 
• Nationality 

• Purpose: Required during an Onboarding and KYC periodic review  
• Validity: Should be the most recent 

Please provide the most recent Audited Annual Report with financial statements on your company. If an Annual Report is not published for your company, then please provide the most recent Audited Financial Statements.  

• Purpose: Required during an Onboarding and KYC periodic review   
• Validity: Should not be older than 3 months for Onboarding and 6 months for KYC periodic review

The signatories on the account opening forms and the Customer Identification template (CIT) must be verified against the authorized list. The list of authorized signatures must:  

• Clearly state that the listed persons are authorized to represent the company 
• The correct name of the signatory and a sample of the corresponding signature must be presented next to it  
• The list must have been issued and signed by persons who are authorized to give the representation authorization to individuals  

• Purpose: Required during an Onboarding of a Eurex Clearing member
• Validity: Should be the most recent 
   

This is required for the tax code and FATCA (Foreign Account Tax Compliance Act) purposes. 

• Purpose: Required during an Onboarding and KYC periodic review
• Validity: Should not be older than 3 years

This is required only for Non-US Banks (entities organized under non-US law and located outside of the United States) maintaining a correspondent account with any US Bank or US broker-dealer in securities.

• Purpose: Required during an Onboarding and KYC periodic review
• Validity: The most recent version 
    

This is required when a trust has been identified in the ownership structure of the customer which owns (directly or indirectly) 25% or more of the share capital, business interest or voting rights.  The deed should include the purpose, type of trust and details regarding the settlors, trustees, protectors and beneficiaries.

• Purpose: Required  during an Onboarding and during KYC periodic review, if a change has occurred
• Validity: The most recent version 

  
For a fund, please provide a Fund Prospectus or a similar official document that includes detailed information on the fund, purpose, the type (special or mutual fund) and its management. 

• Purpose: Required during an Onboarding and throughout our business relationship
• Validity: The most recent version  

A Person acting on Behalf (PaoB) is the person who signs initial contracts with one of the DBG legal entities in order to establish the initial business relationship. In line with BaFin Circular 03/2017 and the Money Laundering Act (GwG) the identification and verification of the PaoB will be conducted through video identification provided by our business partner WebID Solutions GmbH. 

Our quick guide and tutorial will assist you to achieve this effortlessly. 

• Purpose: Required during an Onboarding 
• Validity: The most recent version 

The application form includes the memberships and licenses the client wishes to apply for and must be duly signed by the PaoB.