Proof of identity
Before you can subscribe units in SKAGEN Funds, we require information about you as a client. All documentation and information referred to below must be delivered to SKAGEN before orders from new clients may be processed.
All new clients must provide proof of identity. This involves sending a certified copy of your passport or national identity card issued within the EEA together with your first subscription form.
Two persons of legal age could certify true copies of ID. This certification shall at least contain (attached an example for your guidance):
- Signature of the two persons and names in block capitals
- Date of birth (to prove that they are of legal age)
- Contact info (so they can be contacted to verify the certification)
- Date and place of certification
Alternatively you may get the copy of your ID certified by: bank and other financial institutions, post office, government department, insurance company, lawyer (barrister, solicitors), notary public, auditor, police officer, accountant or real estate broker.
Send the certified copy of your ID together with the form as well as a copy of a letter from the authorities, a bank statement, phone bill or similar document stating your name together with your address, date of birth or bank account number.
Institutional clients - and other legal entities
New institutional clients (and other legal entities), must also send a certified copy of the certificate of incorporation (or similar documentation), not more than three months old, as well as a certified copy of the ID of the person signing the first subscription form. Please see above for information regarding how to certify identity. If the name of the person signing does not appear in the certificate of incorporation, a power of attorney or an authorised list of signatories must be provided.
Send the certified copy of the certificate of incorporation, ID and power of attorney – if relevant – together with the subscription form.
If the transaction is conducted on behalf of another natural person, we need that person's name, date of birth and contact details.
If you subscribe on behalf of a legal entity, you must provide the name, date of birth and contact details of the natural person(s) who directly or indirectly owns or controls more than 25 percent of the shares or voting rights of the legal entity, or who otherwise ultimately owns or controls the legal entity.
You may enter information about any actual rights holders on page 2 of the subscription form or send it as a separate attachment together with the form.
Politically exposed persons
Purpose of the business relationship
The purpose and intended nature of the business relationship is to allow for savings in SKAGEN Funds. Please contact customer services on +47 51 80 37 09 or by email if the purpose is different.
Why customer control?
As a fund management company we are decreed by the authorities to carry out a customer control process with regard to all new clients. This is done in order to prevent and uncover money laundering and terrorist financing.
The above-mentioned documentation and information must be delivered to SKAGEN before orders from new clients may be processed. Please contact customer services by telephone on +47 51 80 37 09 or by email if you have any related questions. The customer service department is manned from Monday to Friday from 8am to 9pm CET.
Other useful information:
The Foreign Account Tax Compliance Act (FATCA) is a US federal law requiring US persons to report their financial accounts held outside of the US.
The Common Reporting Standard (CRS) is an international framework for the automatic exchange of tax information.