CMI Insurance Company Limited
Anti-money laundering requirements
CMI Insurance Company Limited (CMI) is regulated by the Isle of Man Government Insurance
and Pensions Authority (IPA) and follows their Guidance Notes on Anti-Money Laundering and Countering the Financing of Terrorism for insurers.
Please note transactions may be delayed or refused if anti-money laundering documents
are outstanding.
If you have any queries about the anti-money laundering requirements, please contact
your financial adviser.
Please click on the links below for more information:
We can accept original documents or
of documents from any of the following:
- An authorised representative of an embassy or consulate of the country that issued the identification document.
- A notary public, lawyer or advocate.
- A Regulated Introducer (or authorised employee thereof).
Certified copies must include:
- The name, signature and occupation of the person providing the certification.
- A statement to the effect that it is a true copy of an original.
- The date on which the document was certified.
Any original documents will be returned.
- One piece of photographic ID – valid full passport or UK driving licence, which incorporates either date of birth or address.
- Current valid full passport or National ID Card (with photograph);
- A recent utility, rates or council tax bill (please note we cannot accept a mobile phone bill).
- An entry in a local telephone directory.
- An extract from the official register of electors.
- A current driving licence.
- A state pension or benefit book.
- A tax assessment document.
- A recent bank or credit card account statement with the investor’s residential address.
- Proof of ownership or rental of the residential address.
- A recent mortgage statement.
Please note that confirmation of home visits by your financial adviser is an acceptable proof of address.
- Completion of our financial questionnaire for all investments.
We can accept original documents or
of documents from any of the following:
- An authorised representative of an embassy or consulate of the country that issued the identification document.
- A notary public, lawyer or advocate.
- A Regulated Introducer (or authorised employee thereof).
Certified copies must include:
- The name, signature and occupation of the person providing the certification.
- A statement to the effect that it is a true copy of an original.
- The date on which the document was certified.
Any original documents will be returned.
- Proof of identity* in accordance with verification requirements for individual or corporate clients and specimen signatures of persons from whom CMI is to take instructions.
- Satisfactory evidence of proper appointment of the trustees (relevant extract of the trust deed).
- The nature and purpose of the trust.
- The source or origin of the assets under the trust.
- Full name, address and date of birth (or date of death if applicable) of the Settlor and Protector (if applicable), and/or any other person providing monies.
- Full name, address and date of birth of all beneficiaries (however it is accepted that details may only be provided on class of beneficiaries) – proof of identity is required if payments are to be made to beneficiaries.
- Certificate of Incorporation.
- Proof of address of the registered office and place of business.
- A list of directors.
- Proof of identity* of at least two directors, one of whom must be an executive director.
- Confirmation that the company has not been or is not in the process of being dissolved, struck off, wound up or terminated.
- A set of the latest annual reports and accounts.
- Proof of identity* of all shareholders holding 20% or more of the issued share capital (not applicable for Public Registered Companies). If the shareholder(s) is a holding company, trust or nominee, further evidence will be required. The principal requirement is to verify the identity of those who have ultimate control over the business and company's assets. Please contact us for details
Completion of our financial questionnaire for investments.
*For UK residents - one piece of photographic identification which incorporates either the applicant's date of birth or current residential address.
*For non-UK residents - valid full passport and recent utility bill, bank statement, community charge (rates) or tax assessment documents.
We can accept original documents or
of documents from any of the following:
- An authorised representative of an embassy or consulate of the country that issued the identification document.
- A notary public, lawyer or advocate.
- A Regulated Introducer (or authorised employee thereof).
Certified copies must include:
- The name, signature and occupation of the person providing the certification.
- A statement to the effect that it is a true copy of an original.
- The date on which the document was certified.
Any original documents will be returned.
- Certificate of Incorporation.
- Proof of the address of the registered office.
- A list of directors.
- A list of officers from whom CMI is to take instructions and specimen signatures.
- A set of the latest annual reports and accounts, where possible.
- A copy of the board resolution confirming authority to act on behalf of the company.
- Certificate of Incorporation.
- Proof of the address of the registered office and place of business.
- A list of directors.
- Proof of identity* of at least two directors, one of whom must be an executive director.
- A list of officers from whom CMI is to take instructions and specimen signatures.
- A set of the latest annual reports and accounts, where possible.
- A list of all shareholders.
- Proof of identity* of all shareholders holding 20% or more of the issued share capital. If the shareholder(s) is a holding company, trust or nominee, further evidence will be required. the principal requirement is to verify the identity of those who have ultimate control over the business and company’s assets. Please contact us for details.
Completion of our financial questionnaire for investments.
*For UK residents - one piece of photographic identification which incorporates either the applicant's date of birth or current residential address.
*For non-UK residents - valid full passport and recent utility bill, bank statement, community charge (rates) or tax assessment documents.
We can accept original documents or
of documents from any of the following:
- An authorised representative of an embassy or consulate of the country that issued the identification document.
- A notary public, lawyer or advocate.
- A Regulated Introducer (or authorised employee thereof).
Certified copies must include:
- The name, signature and occupation of the person providing the certification.
- A statement to the effect that it is a true copy of an original.
- The date on which the document was certified.
Any original documents will be returned.
- Member details (name, address and date of birth).
- Satisfactory evidence of the proper appointment of the trustees/scheme administrator (relevant extract of the trust deed).
- Proof of identity* for each individual trustee.
If the applicant is a corporate trustee/ scheme administrator, the following will also be needed:
- Certificate of Incorporation.
- Proof of address of the company's registered office and place of business.
- A list of authorised signatories and specimen signatures.
- Where possible, a set of the latest annual reports and accounts.
- List of all shareholders.
- Confirmation that the company has not been or is not in the process of being dissolved, struck off, wound up or terminated.
- Proof of identity* of all shareholders holding 20% or more of the issued share capital. If the shareholder(s) is a holding company, trust or nominee, further evidence will be required. The principal requirement is to verify the identity of those who have ultimate control over the business and company's assets. Please contact us for details.
- Full name, date of birth and current residential address of all scheme members.
Completion of our financial questionnaire for investments.
*For UK residents - one piece of photographic identification which incorporates either the applicant's date of birth or current residential address.
*For non-UK residents – valid full passport and recent utility bill, bank statement, community charge (rates) or tax assessment documents.
CMI Insurance Company Limited is unable to accept UK Regulated Introducers Certificates.