First-time clients are required to provide the following documents to establish a relationship: a. A signed Service Provision Agreement (SPA). b. Certified copies of passports. c. A certified copy of proof of address issued within the last three months, such as a utility bill, government ID with address, or bank statements. Additional documentation may be necessary depending on the jurisdiction.

To meet due diligence standards, the following documents are required: a. A completed and signed Compliance Form. b. For individual relevant persons: i. Certified copies of passports. ii. Certified proof of address issued within the last three months (e.g., utility bill, government ID with address, or bank statements). c. For corporate relevant persons: i. Certified copy of the latest Memorandum and Articles of Association (or equivalent, including all amendments). ii. Certified copy of the Register of Members and Register of Directors. iii. Certified passport copy and certified proof of address for directors and Ultimate Beneficial Owners (UBOs). Enhanced due diligence is mandatory for high-risk cases or clients.

Under Hong Kong’s Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) guidelines, clients may be classified as high-risk due to factors such as their geographic location, the nature of their business activities, or their status as politically exposed persons (PEPs).