AIRCASH Ltd.

ŠVEAROVA 1 , HR-10000 ZAGREB

GUIDELINES FOR POLITICALLY EXPOSED PERSONS

According to the Anti-Money Laundering and Terrorist Financing Act (hereinafter referred to as the Law), which entered into force on 1 January 2018, Aircash is required to determine whether the beneficiaries are politically exposed persons when entering into a business relationship.

According to the Law, the definition of a politically exposed person is as follows:

Politically Exposed Person is any natural person who has acted or acted in a prominent public capacity in a Member State or a third country for the past 12 months, including members of his immediate family and persons known to be close associates of a politically exposed person.

Close family members are a spouse or a person with whom politically exposed person is in an extramarital union, children and their spouses or persons with whom the children of a politically exposed persons are in the extramarital union, and parents of a politically exposed person.

A close associate is any natural person known to have joint ownership of a legal person or entity or any other close business relationship with a politically exposed person or who is the sole beneficial owner of a legal entity or entity known to be established for the benefit of a politically exposed person.

Natural persons acting or were acting in a prominent public capacity are:

  • President of the state
  • Prime Minister
  • Minister, Deputy Minister, Assistant Minister, Secretary of State
  • Elected Member of the Legislature
  • Member of the governing body of a political party
  • Supreme or Constitutional Court judge or other judicial officer against whose decisions, except in exceptional cases, it is not possible to use legal remedies
  • Judge of the Court of Auditors
  • Member of the Central Bank Council
  • Ambassador, Chargé d’Affaires
  • High Armed Forces Officer
  • Member of the management and supervisory boards of legal entities owned or majority owned by the state
  • Director, Deputy Director, Board member and person performing equivalent functions in an international organization
  • Municipal mayor, mayor and their deputy elected on the basis of the law governing local elections

If you are in one of the following categories:

  • I’m acting in public office
  • I am a member of the immediate family of a person acting in public service
  • I am a close associate of a person acting in public office,

please email your personal information such as: address, date of birth, scan ID at support@aircash.eu and define how you are a politically exposed person and / or in what capacity you are associated with a politically exposed person. Also, indicate the source of funds that you will use for Aircash transactions in one of the following categories.

  • Salary and other income
  • Savings
  • Sale of financial assets
  • Real estate for sale
  • Compensation, compensation
  • Return of capital from abroad
  • Inheritance, donation
  • Else

After you submit the required information, you will be contacted by our agents to complete the registration process.

Thank you for your understanding!