Information pursuant to the German Anti-Money Laundering Act (GwG)
TABAK Consulting GmbH and TABAK Steuerberatung, our partner tax firm, are obliged entities under § 2 (1) No. 12 GwG (tax advisors and tax advisory firms) and, depending on the activity concerned, further provisions of § 2 GwG, and are required to comply with the obligations of the German Anti-Money Laundering Act.
When establishing new business relationships and in certain transaction situations, we are required to:
These obligations may require the presentation of identity documents and further records. We ask for your understanding — this is required by law and protects all parties involved.
We are required to identify the beneficial owners of our clients in accordance with § 3 GwG and to take the Transparency Register into account within the scope of registration obligations. Companies are required to report their beneficial owners to the Transparency Register.
Where there are indications of money laundering or terrorist financing, we are required under § 43 GwG to file a suspicious activity report with the Financial Intelligence Unit (FIU). In such cases, we are legally bound to keep the report confidential from the client (§ 47 GwG).
Data and documents collected in the course of our GwG obligations are retained in accordance with § 8 GwG for at least five years after the end of the business relationship.
Responsibility for compliance with GwG obligations rests with the management of TABAK Consulting GmbH:
Fatma Tabak Özkul, Augustaanlage 33, 68165 Mannheim
E-Mail: gwg@tabak-consulting.com
To avoid money laundering risks, we do not, as a matter of principle, accept cash payments for advisory services. All payments must be made by bank transfer.
For further information on obligations under the GwG, please refer to the German Federal Customs Administration / Financial Intelligence Unit (FIU):
www.zoll.de/fiu
