Wintermute
Wintermute

Onboarding requirements

All counterparties must complete the KYC/AML process in line with regulatory requirements and best practices.

Qualified individuals

Information required

  • Identification information, such as full name and citizenship(s)
  • Contact information including current address and email address
  • Net assets greater than GBP 250,000 or recent annualised income greater than GBP 100,000; as well as a familiarity with trading and an understanding of the risks involved
  • Confirmation of political and legal facts such as whether you are or have a direct relationship with a politically exposed person (PEP) or have ever been convicted in any criminal or administrative crimes
  • Sources of wealth/funds
  • Reason for business relationship with Wintermute

Documentation typically required

  • High-quality photo or scans of ID documentation, clearly showing all edges of the ID, e.g. Passport, Driver’s License, or other government-issued ID
  • Proof of residential address, dated within the past 90 days, clearly showing all edges of the document or an electronic version, e.g. a utility bill, bank statement; note that mobile phone statements are not considered to be proof of address

Legal entities

Information required

  • Entity information such as full legal entity name (Company), the nature of the business, principal place of business, and main source of funds; note that entity is defined as the legal entity trading directly with Wintermute
  • Contact information such as contact email address
  • Corporate structure, e.g. whether the Company has a parent or other companies closely affiliated with it
  • Registration with a financial regulator, if applicable
  • Confirmation of whether activities of your entity fall in the scope of AML/CTF regulations for relevant jurisdictions
  • Confirmation of whether any of your Directors, UBO’s, or shareholders are considered Politically Exposed Persons (PEPs)

Documentation typically required

  • Formation documents such as a certificate of incorporation; registration number and country of incorporation should be clear on the document
  • Latest Articles of Association or equivalent corporate governance document
  • List of all shareholders of the Company with greater than 25% shareholdings
  • Full list of directors of the Company
  • If the entity is part of a group, legal name(s) of companies and ownership structure
  • If in scope of AML/CTF regulations or KYC customers by choice, a copy of your AML-CTF policy