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What is nature and purpose?
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Written by Snowball Team
Updated over 3 months ago

For regulatory compliance purposes we are required to collect ‘nature and purpose’ information from you. Nature and purpose questions such as how much and how often you intend to invest with Snowball Effect, are asked so that we have an understanding of your proposed business relationship with Snowball Effect.

Collection of nature and purpose information allows us to comply with anti-money laundering and counter-financing of terrorism (AML/CFT) regulations.

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