Compliance

At the start of the business relationship with a financial service provider the following documents and information should be made available to them. Based on this information a client can be either accepted or turned down. The service provider or trust office have this information on record and available for inspection by the Dutch Central Bank in a so called Client Acceptance File.

Supervisory bodies have access to this file exclusively  for controlling purposes. The file should contain the following information:

  • signed management agreement;
  • passport copy of all signatories (Notorization may be required);
  • organization chart clearly displaying the position of the Dutch legal entity /entities in the relevant part of the group and the percentage size of the ultimate beneficial owners’ stakes;
  • identification of the Ultimate Beneficial Owners;
  • a description of the role and objective of the Dutch entity / entities;
  • information concerning the origin of the capital invested;
  • evidence of proper research carried out by TeslinCS into the background and reputation of the client and connected persons and companies.

This information has to demonstrate that there is no clear objection to accepting the client. The information on record should at all times be up to date and be kept on record for five years after termination of the contract.

TCS Funds

TCS Funds

TCS Fund & Family provides services to enterprising investors in various fields of activity and groups of investors who invest jointly. TCS Fund & Family takes care of the ...

TCS Depositary

TCS Depositary

TCS Depositary acts as Warden or Depositary for managers of alternative investments (not shares) including investment funds that come under the AIFMD. This involves investments in ...

TCS Trust

TCS Trust

TCS Trust acts as director of Dutch entities that are part of foreign groups as well as for Dutch shareholders. We offer our address as a base (domiciliation) and deal with the ...

TCS Family & Charity

TCS Family & Charity

TCS Charity provides services to the board of several ANBI’s and other charitable organizations. Very often the work involved with the organization is too much to handle for the ...