Trust new business application document requirements

Additional Offshore Bond Only Forms 

If using an Offshore Bond these forms are also required:

Declaration of Residency Outside Ireland (PDF)

Policyholders resident outside Ireland are required by the Irish Revenue to make a declaration in a format authorised by them, in order to receive payments without deduction of Irish tax.

Source of Wealth (PDF)

Anti Money Laundering obligations impose enhanced due diligence obligations on Offshore Bond providers.  This information is required to allow Standard Life International as product provider of the Wrap Offshore Bond to fulfill those obligations.

Please provide as much information as possible as to how the funds accumulated. If the premium is over £250,000, we will require documentary evidence, for example, a letter from a solicitor or accountant confirming the source of the funds. Please see Source of Wealth Matrix (PDF) for more specific examples.

Please note, when an existing customers assets reach £250,000, we will also require evidence which documents the Source of Wealth.

Authorised Signatory List – this is required where there is a Corporate Trustee firm acting as Trustee. This list of signatures should be provided on headed paper from the company/Corporate Trustee.

We need this information to ensure that information/instructions passed to and received from the Corporate Trusts are from authorised individuals to ensure that we meet a range of regulatory and legal obligations.

Yes: where trust is a passive N(F)FE (Business Type – Investment Body) then this form must be completed by each controlling person.

ADV178 Form (PDF)

We are obligated by FATCA (opens in a new window) and CRS to collect and report information about where our customers are tax resident, including the controlling persons of a Trust where the Trust is a Passive Non-Financial Foreign Entity (Passive NFFE from a FATCA perspective) or Passive Non-Financial Entity (Passive NFE from a CRS perspective).

Additional Offshore Bond Only Forms 

If using an Offshore Bond these forms are also required:

Declaration of Residency Outside Ireland (PDF)

Policyholders resident outside Ireland are required by the Irish Revenue to make a declaration in a format authorised by them, in order to receive payments without deduction of Irish tax.

Source of Wealth (PDF)

Anti Money Laundering obligations impose enhanced due diligence obligations on Offshore Bond providers.  This information is required to allow Standard Life International as product provider of the Wrap Offshore Bond to fulfill those obligations.

Please provide as much information as possible as to how the funds accumulated. If the premium is over £250,000, we will require documentary evidence, for example, a letter from a solicitor or accountant confirming the source of the funds. Please see Source of Wealth Matrix (PDF) for more specific examples.

Please note, when an existing customers assets reach £250,000, we will also require evidence which documents the Source of Wealth.

Set up recurring single premiums (PDF)

Authorised Signatory List – this is required where there is a Corporate Trustee firm acting as Trustee. This list of signatures should be provided on headed paper from the company/Corporate Trustee.

We need this information to ensure that information/instructions passed to and received from the Corporate Trusts are from authorised individuals to ensure that we meet a range of regulatory and legal obligations.

Yes: where trust is a passive N(F)FE (Business Type – Investment Body) then this form must be completed by each controlling person.

ADV178 Form (PDF)

We are obligated by FATCA (opens in a new window) and CRS to collect and report information about where our customers are tax resident, including the controlling persons of a Trust where the Trust is a Passive Non-Financial Foreign Entity (Passive NFFE from a FATCA perspective) or Passive Non-Financial Entity (Passive NFE from a CRS perspective).

Additional Offshore Bond Only Forms 

If using an Offshore Bond these forms are also required:

Declaration of Residency Outside Ireland (PDF)

Policyholders resident outside Ireland are required by the Irish Revenue to make a declaration in a format authorised by them, in order to receive payments without deduction of Irish tax.

Source of Wealth (PDF)

Anti Money Laundering obligations impose enhanced due diligence obligations on Offshore Bond providers.  This information is required to allow Standard Life International as product provider of the Wrap Offshore Bond to fulfill those obligations.

Please provide as much information as possible as to how the funds accumulated. If the premium is over £250,000, we will require documentary evidence, for example, a letter from a solicitor or accountant confirming the source of the funds. Please see Source of Wealth Matrix (PDF) for more specific examples.

Please note, when an existing customers assets reach £250,000, we will also require evidence which documents the Source of Wealth.

Authorised Signatory List – this is required where there is a Corporate Trustee firm acting as Trustee. This list of signatures should be provided on headed paper from the company/Corporate Trustee.

We need this information to ensure that information/instructions passed to and received from the Corporate Trusts are from authorised individuals to ensure that we meet a range of regulatory and legal obligations.

Yes: where trust is a passive N(F)FE (Business Type – Investment Body) then this form must be completed by each controlling person.

ADV178 Form (PDF)

We are obligated by FATCA (opens in a new window) and CRS to collect and report information about where our customers are tax resident, including the controlling persons of a Trust where the Trust is a Passive Non-Financial Foreign Entity (Passive NFFE from a FATCA perspective) or Passive Non-Financial Entity (Passive NFE from a CRS perspective).

Additional Offshore Bond Only Forms 

If using an Offshore Bond these forms are also required:

Declaration of Residency Outside Ireland (PDF)

Policyholders resident outside Ireland are required by the Irish Revenue to make a declaration in a format authorised by them, in order to receive payments without deduction of Irish tax.

Source of Wealth (PDF)

Anti Money Laundering obligations impose enhanced due diligence obligations on Offshore Bond providers.  This information is required to allow Standard Life International as product provider of the Wrap Offshore Bond to fulfill those obligations.

Please provide as much information as possible as to how the funds accumulated. If the premium is over £250,000, we will require documentary evidence, for example, a letter from a solicitor or accountant confirming the source of the funds. Please see Source of Wealth Matrix (PDF) for more specific examples.

Please note, when an existing customers assets reach £250,000, we will also require evidence which documents the Source of Wealth.

Set up recurring single premiums (PDF)

Authorised Signatory List – this is required where there is a Corporate Trustee firm acting as Trustee. This list of signatures should be provided on headed paper from the company/Corporate Trustee.

We need this information to ensure that information/instructions passed to and received from the Corporate Trusts are from authorised individuals to ensure that we meet a range of regulatory and legal obligations.

Yes: where trust is a passive N(F)FE (Business Type – Investment Body) then this form must be completed by each controlling person.

ADV178 Form (PDF)

We are obligated by FATCA (opens in a new window) and CRS to collect and report information about where our customers are tax resident, including the controlling persons of a Trust where the Trust is a Passive Non-Financial Foreign Entity (Passive NFFE from a FATCA perspective) or Passive Non-Financial Entity (Passive NFE from a CRS perspective).

Authorised Signatory List – this is required where there is a Corporate Trustee firm acting as Trustee. This list of signatures should be provided on headed paper from the company/Corporate Trustee.

We need this information to ensure that information/instructions passed to and received from the Corporate Trusts are from authorised individuals to ensure that we meet a range of regulatory and legal obligations.