Requirements for beneficial owners and management of the company
Connect8 is required to provide information about the owners of a
company and people with significant influence. In some countries we
need to collect, verify and store this informations. This is
intended to promote transparency and prevent financal crime, money
laundering and tax evasion. Connect8 checks the information provided
for compliance regulations of the national business register in the
country given by account creation. In certain countries Connect8
must compare the information with the commercial register. This
requirements come from the Know Your Customer(KYC)-Obligation and serve to prevent terrorist financing, money laundering, tax
evasion and other financial crimes in complex corporate structures.
What should I do?It is recommended to compare and ensure your company Information given to Connect8 matches the information of the commercial register.
If it is necassary to change or update the given data. You can login with your companyaccount and change the companysettings and informations there.
In the certains countries we need to compare the provided information, we will contact you if there is a missmatch of this informations.
If there is a problem with your company on our site - and we compare the informations and its not correct, we will provide this immediately.
If we recognize a missmatch we will take actions that could restrict the functionality of our service for your company.Where can i provide this information?If you follow the whole registration process - and dont skip an optional step, we will get all the information from you. If there are questions we will contact you
while we try to activate your account on our site.Countries with beneficial ownership requirements include:USA, Canada, United Kingdom, Ireland, Czech Republic, Estonia, Latvia and Singapore 