identifying the natural persons who ultimately benefit from the assets and income of the company.] [General note: Companies and close corporations are legal persons with full capacity to enter into contracts in their own names, just as any natural person. However, because their artificial nature, companies and close corporations can only act through their directors / members, or through persons authorised by them. The Business' Client is the company or close corporation itself, but the Questionnaire can only be completed by a Representative, whether that Representative is a director of the company, member of the close corporation, or some other person authorised by the directors or members.] TABLE 3: PARTNERSHIPS INFORMATION METHOD OF METHOD OF VERIFICATION REQUIRED OBTAINING INFORMATION LOW-RISK CLIENT HIGH-RISK CLIENT Identifying name of Questionnaire Copy of letter Original or partnership (eg completed by from managing certified copy of trading name) partner, letter from accounting managing officer, auditor partner, or legal officer accounting officer, auditor or legal officer
identifying the natural persons who ultimately benefit from the assets and income of the company.] [General note: Companies and close corporations are legal persons with full capacity to enter into contracts in their own names, just as any natural person. However, because their artificial nature, companies and close corporations can only act through their directors / members, or through persons authorised by them. The Business' Client is the company or close corporation itself, but the Questionnaire can only be completed by a Representative, whether that Representative is a director of the company, member of the close corporation, or some other person authorised by the directors or members.] TABLE 3: PARTNERSHIPS INFORMATION REQUIRED METHOD OF OBTAINING INFORMATION METHOD OF VERIFICATION LOW-RISK CLIENT HIGH-RISK CLIENT Identifying name of partnership (eg trading name) Questionnaire completed by Copy of letter from managing partner, accounting officer, auditor or legal officer Original or certified copy of letter from managing partner, accounting officer, auditor or legal officer