As a financial institution and Dutch branch of flatexDEGIRO Bank SE, regulated by the Dutch Financial Markets Authority (Autoriteit Financiële Markten, "AFM"), we are legally obliged to comply with the requirements of the Act on the Prevention of Money Laundering and Terrorist Financing (Wet ter voorkoming van witwassen en financieren van terrorism, "Wwft").
This law requires, among other things, that we conduct regular inquiries into the origin/source of funds and (tax) residency of clients as part of our due diligence obligations. To meet these obligations, we may need specific information about your source of funds/wealth.
We understand that these types of requests can be inconvenient and unpleasant. Therefore, we are happy to help you fill them in as soon as possible and appreciate your cooperation.