True or False?
We can’t manually verify a Business UBO ID if the Vendor rejects a perfectly acceptable ID.
False
Which of the following activities are allowed and are not against AUP for Brazilian businesses? Choose 1:
a) Marketplace business
b) Tour agencies
c) Charity
d) Gambling and betting activities
Tour agencies
What are the CDD Business Category (or Level 5B) we need to perform EDD if a customer selects it?
Chemicals, Government Services, Holding Company
While pulling the QSA from a Business, you notice that there is one (or more) Legal Entity as a Shareholder. Please answer if we can onboard this Business and how we communicate with this customer.
Follow the steps as written in the A Legal entity is named as a shareholder in the business and send the Email template Companies with legal entity shareholder(s)
If a Sociedade Empresária Limitada is single-owner, we use the Company Type “Individual Limited Liability Company” for the business.
False
What entity types we don’t onboard in Brazil? Choose multiple:
Empresa Individual de Responsabilidade Limitada (de Natureza Empresária)
Sociedade Unipessoal de Advocacia
Sociedade Simples Limitada
Empresário Individual
Sociedade Anônima
1. Empresa Individual de Responsabilidade Limitada (de Natureza Empresária)
3. Sociedade Simples Limitada
5. Sociedade Anônima
What information must we check and/or fill on the Shareholder field?
First Name, Last Name, Date of Birth, Declared Income Amount, Address, Linked Documents, Document Type, Document ID, Document Country.
The Account Holder sent us an Business UBO ID for a shareholder with less than 20% of shares. The ID is fake. What do we do? Please describe all the steps you would perform in this scenario.
Regardless of not needing an ID for a UBO with less than 20% of shares, if the document is fake, we need to deactivate the whole account with deactivation reason “Fake/manipulated document”, following all the steps according the Wiki Customer Deactivation > Deactivating the customer the customer due to fake or manipulated document and submit a SAR
We translate the registry pull into English and upload it on the profile so that everyone can understand it and won't need to translate it later.
False
What are the Legal Nature Codes of the Businesses we onboard? Select all that apply.
213-5
223-2
232-1
206-2
204-6
1. 213-5
3. 232-1
4. 206-2
Do we accept the Programa Gerador do Documento de Arrecadação do Simples Nacional - Declaratório (PGDAS-D) as a Business Source of Wealth document? What other documents can we ask from the customer?
No, we don’t accept the PGDAS-D. If the customer hasn’t provided the DEFIS, they can provide the DEFIS with its Filling receip
During a Source of Wealth review (Financial Capacity reached), the customer let us know their company was recently opened and doesn’t have the documents we asked for (in this case, DEFIS, SIMEI and ECF/IRPJ). What can we do in this case?
Let customer know we can accept the following documents as well:
Sales/Services Contract
Sales agreement
Loan Contract
Rental Income
All these documents need to be under the Business name/CNPJ
Personal Tax Declaration + Declaration of investment in the firm
Any other documents that can prove the origin of the business funds