Every regulated professional money management business is obligated, under this law, to establish the source of its client’s funds as well as to collect certain background information/documentation about each client’s economic activity (“Know Your Client” principles).

We understand that this may raise a concern that information is being required which is unconnected with CP-Credit Prive’s direct activity as a money manager or fiduciary.

In this regard, we ask all of our clients and prospective clients to understand that compliance with the prevailing law is an absolute requirement. Obviously each person will be treated with equal respect and consideration, no matter what their country of origin or ethic affiliation. Whatever information is provided to us in the course of such mandatory disclosure will be kept and remain confidential, unless the Swiss authorities order it to be released to them in accordance with the law. Please see our Confidentiality Policy for more details.

To help prospective clients deal with our due diligence procedures in advance, we summarize the basic requirements below. Each client’s situation is different and we may have to request additional information or pose other questions.

• You should clearly identify yourself so that there can be no doubts that “you are you”. This means that we will need to have a current copy of your passport or other official identity document. If you are working with us using a corporation (offshore companies are typical vehicles for placing money in Switzerland), we must have a full set of the company’s incorporation papers including its current registration and be able to understand clearly that it is your company (for example, obtain for our records a nominee’s declaration, if you are holding the shares through a nominee).
  
  
• You should be able to explain and substantiate with documentary evidence (which may depend on your particular circumstances) where the money that you are entrusting to us comes from. The law requires that we know and can verify the economic activity which enabled you to earn the capital in question (for example, trading activities, real estate development, business dividends).

We will be happy to answer any specific questions which you may have to provide a better comprehension of the procedures and information requirements involved in placing your money within the Swiss banking system.