BLANQUEO CAPITALES INGLES
Money laundering regulations.
The client undertakes to provide all documents of the money laundering regulations:
1) Formal identification
a) For natural persons of Spanish nationality, the National Identity Document.
For natural persons of foreign nationality, the Residence Card, the Alien Identity Card, the Passport or, in the case of citizens of the European Union or the European Economic Area, the document, letter or official personal identity card issued by the authorities of origin. The identity card issued by the Ministry of Foreign Affairs and Cooperation for the staff of diplomatic and consular representations of third countries in Spain shall also be a valid document for the identification of foreigners.
Exceptionally, regulated entities may accept other personal identity documents issued by a government authority, provided that they enjoy adequate guarantees of authenticity and incorporate a photograph of the holder.
b) For legal persons, public documents proving their existence and containing their company name, legal form, domicile, identity of their administrators, statutes and tax identification number.
In the case of legal persons of Spanish nationality, certification from the provincial Mercantile.
Registry, provided by the client or obtained by telematic consultation, shall be admissible for formal identification purposes.2. In cases of legal or voluntary representation, the identity of the representative and of the person or entity represented shall be verified documentary. For these purposes, a copy of the document referred to in the preceding paragraph must be obtained, corresponding both to the representative and to the represented person or entity, as well as the public document accrediting the powers conferred. Verification by means of certification from the provincial Mercantile Registry, provided by the client, or obtained by means of telematic consultation, shall be admissible.
2) Identification of the real Owner.
In legal persons there is an obligation to identify the real owner of the same.
They will be considered real owners:
a) The natural person or persons for whose account it is intended to establish a business relationship or intervene in any operations.
b) The natural person or persons who ultimately own or control, directly or indirectly, a percentage greater than 25 per cent of the capital or voting rights of a legal person, or who through agreements or statutory provisions or by other means exercise control, directly or indirectly, of the management of a legal person.
To this end, the regulated entities shall require from their clients the information and documentation necessary to determine the ownership or control structure. In the event of resistance or refusal by the client to provide the required information or documentation, the reporting parties shall refrain from establishing or maintaining the business relationship or executing the transaction.
If there is a notarial deed of declaration of actual owner may be sufficient.
3) Purpose and nature of the business relationship.
1. The regulated institutions shall collect information from their customers in order to ascertain the nature of the business relationship
Nature of their professional or business activity. The activity declared by the client will be registered by the obligated subject prior to the beginning of the relationship of business.
Tax declarations of the activity are requested:
- Individuals: income tax return, residence certificate, model 720...
- Legal persons: corporate tax, annual accounts...
4 Origin of funds:
Identification of the account of origin of the funds.