What documents should be obtained from Partnerships for (Know Your Customer) KYC purposes?:

Partnerships may approach you and may want to do business with you.This post will guide you as to the documents that you must collect from Partnerships:

Certificate of Registration;

Partnerships Agreement;

Utility bill as a proof of address, no older than 3 months for each Partner;

Utility bill reflecting the address of the registered business;

If the Partners do not have a utility bill in their name, they must present an authorization letter signed buy the person whose name appears on the utility bill plus a copy of this person’s National Identification.

One form of valid, government issued identification your Compliance Program may provide 2 forms of National Identification for each Partner;

Management Accounts or;

Cash Flow projections for at least 3 years (for companies registered less than 3 years).

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.

Order her new book now: How to Hustle from Home: 50 Success Secrets

Get a free sample of two chapters here
linktree:https://linktr.ee/asydneygrouptt

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Disclaimer:
The content herein is only for informational and educational purposes and does not constitute legal advice. Please be advised that no attorney/client relationship is created by the publishing of this content. You should consult with your attorney at law for independent legal advice.

No representations or warranties are made about the suitability, comprehensiveness and or accuracy of the information and other content contained on this channel. It should be noted that legal information and content can become out of date and I give no undertaking to keep this blog up to date. All liability for any loss or damage of any kind which may be suffered as a result of accessing and using the information and or content of this blog is hereby excluded to the full extent permitted by law.

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What is the Trinidad and Tobago Consolidated List of High Court Orders?

This is a list of Court Orders from the High Court of Trinidad and Tobago wherein persons and entities were designated as terrorists or terrorist financiers. Trinidad and Tobago Consolidated List of High Court Ordershttps://www.fiu.gov.tt/wp-content/uploads/15-Aug-2019-TT-CONSOLIDATED-LIST-of-High-Court-Orders.pdf

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.

Order her new eBook now: How to Hustle from Home: 50 Success Secrets
Get a free sample of two chapters here
https://linktr.ee/asydneygrouptt

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: http://www.youtube.com/c/AntoinetteSydney

Disclaimer:
The content herein is only for informational and educational purposes and does not constitute legal advice. Please be advised that no attorney/client relationship is created by the publishing of this content. You should consult with your attorney at law for independent legal advice.

No representations or warranties are made about the suitability, comprehensiveness and or accuracy of the information and other content contained on this channel. It should be noted that legal information and content can become out of date and I give no undertaking to keep this blog up to date. All liability for any loss or damage of any kind which may be suffered as a result of accessing and using the information and or content of this blog is hereby excluded to the full extent permitted by law.

#amlexpert #antoinettesydney #sydneygroup  #trinidadonlinelawyer #trinidad

Top 10 ways to Launder Drug Money through a Casino: Free Anti Money Laundering Training in Trinidad!!

In casinos it is normal practice for patrons to enter with large sums of cash on their person. They sometimes go to the cashier’s cage and pay their cash and receive a chit or chips. They return to the table or game and place their bets. In Trinidad, casinos are called Private Members Clubs. Recently many restaurants also have a room where there is a roulette machine and various slot machines where patrons can gamble.

Here a 10 ways that money obtained from illegal activities can be laundered through a casino.

1.The casino may accept dirty cash and perform bank-like services where they may also facilitate money lending services;

2. An individual can go to the casino with dirty money and do some gambling, then cash out the chips and leave. I was told of an instance in Trinidad where the wife of a certain licensing officer was going to a certain private members club with $10,000 every night. Her husband gave her this money from bribe payments that he collected to issue licenses.

3.Friends or associates can be recruited to take a certain sum of cash each and they will also be given instructions to gamble on certain tables or machines and different casinos and locations. Each person can be paid a commission. They will also be told when to leave the casino of course after they receive their winnings or cash the chit or coins. ;

4.Use money obtained from criminal activities to purchase food and beverages with cash  that will be prepared and sold or shared at the private members club. All receipts will be kept;

5.Employees salaries can be paid with dirty cash as a business expense;

6. A limited liability can be incorporated and a company bank account can be opened. The name of the company can be something related to the gambling industry, such as a security consulting firm.  All winnings from gambling can be deposited in this account. If required to disclose source of funds, you can show the chit or receipt from the casino;

7.Use online gambling casinos and play with bitcoin that may request an email address and a password. Your winnings will be paid to you using bitcoin;

8.Rent for the casino can be paid in cash derived from the proceeds of crime;

9.The entire casino can be used as a front to a money laundering operation. To keep up appearances, there can be drink specials, food on sale. I was in a maxi taxi and I heard the front seat passenger tell the driver about a new restaurant in east Trinidad where beers were being sold for $21.00 TTD.  The driver exclaimed that he doubted that the restaurant would be profitable. The co-pilot stated the restaurant was being used to wash money, so it would definitely be profitable.

10.Dirty money can be used to gamble at the casino and then winnings can be transferred to a the bank account of a charity that was created to wash money.

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author based in Trinidad and Tobago.

Order her new book now: How to Hustle from Home: 50 Success Secrets
Get a free sample of two chapters here
https://linktr.ee/asydneygrouptt

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: http://www.youtube.com/c/AntoinetteSydney

#amlexpert #antoinettesydney #sydneygroup  #trinidadonlinelawyer #asydneygroup.com #trinidad #company #companies #lawyer #caribbean #aml #cft #frm #fraudrisk #graphicdesign #tax #taxation

How does Failure feel ? by Antoinette Sydney

Failure is the precursor of success. All of the lessons are learned in failure.This is where all the adjustments and upgrades are made. In my humble opinion , it is the perceived embarrassment that people feel,as a result of failure that is debilitating.

Allow yourself to try , and try with all your heart. Allow yourself to fail! Take that risk! It is the person that you become throughout the process that will attract your billions.

You are not like everyone else. You are persistent in the face of adversity , you smile! So to answer your question, failure feels familiar. It feels like I am learning valuable lessons that will align me with the path that is best for my highest good.

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author based in Trinidad and Tobago.

Order her new eBook now: How to Hustle from Home: 50 Success Secrets
Get a free sample of two chapters here
linktree:https://linktr.ee/asydneygrouptt

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Disclaimer:
The content herein is only for informational and educational purposes and does not constitute legal advice. Please be advised that no attorney/client relationship is created by the publishing of this content. You should consult with your attorney at law for independent legal advice.

No representations or warranties are made about the suitability, comprehensiveness and or accuracy of the information and other content contained on this channel. It should be noted that legal information and content can become out of date and I give no undertaking to keep this blog up to date. All liability for any loss or damage of any kind which may be suffered as a result of accessing and using the information and or content of this blog is hereby excluded to the full extent permitted by law.