Swiss AML forms (K, A, S, T)

Form K to identify the controlling persons of a customer, i.e. individuals exerting control upon customer’s corporate policies and/or the appointment of its representatives and governing bodies. This is identified through a three-layer process:

1. Persons exerting control through 25% or more capital shares or voting rights; or
2. Persons exerting control by other discernable means; or
3. The highest managing director

Form A to establish the identity of the beneficial owner of the assets where a customer holds assets on behalf of third parties or is a domiciliary company. Domiciliary companies include all legal entities, companies, establishments, foundations, trusts, fiduciary companies or similar associations, either Swiss or foreign, that are not operating.

Indications that a company is a domiciliary company include:

1. The lack of business premises of its own (c/o address, registered office with a lawyer, accountant, fiduciary company, etc.)
2. It has no employees of its own.

Form S to understand the structure of a foundation and establish the identity of the beneficial owner of assets.

Form T to understand the structure of a trust and establish the identity of the beneficial owner of assets.

Completed documents should be sent to the address below:

HSBC Bank plc, London, Zurich Branch
Gartenstrasse 26

PO BOX 1818
8027 Zurich
Switzerland

If you wish to send the form(s) electronically, please contact your Relationship Manager.