As an existing nabtrade customer, why am I being asked to provide the rationale of complex ownership structure of my Company or Trust?

In order to meet our obligations, nabtrade is legally required under the Anti-Money Laundering and Counter Terrorism Financing Act 2006 (AML/CTF) to carry out and record additional due diligence when a complex ownership structure is identified.

What do I need to do?

We may contact you to find out more details about your company or trust ownership structure and to ask for additional information/documentation.