For regulatory compliance purposes we may be required to collect additional information from you, e.g. for more complex entities such as trusts. If you make an investment via a trust, we will require proof of the trust’s source of funds (SOF). Source of funds in this example is the origin of the trust’s funds used for investing activity with Snowball.

Proof of source of funds is collected to understand the origin of the trust’s funds for making investments, for the purposes of complying with anti-money laundering and counter-financing of terrorism (AML/CFT) regulations.