Kryptobox requires certain information to keep up to date with compliance standards. The following points contain answers to compliance FAQs.

What documents are accepted for the Shareholders Register/Members Register?

Acceptable documents include:

• Excerpt from the public register

• Certificate of employment

• Social Contract or Social Contract

This document should include:

1. Name of legal entity

2. Registry Details

3. Information of each shareholder, including: full name, number of shares and percentage of total shares (e.g. Francisco Almeida, owner of 50 shares, 25%)

The Shareholders' Register/Member Registration must indicate who the current effective owners of the company are in the archived documents.

What documents are accepted for the registration of directors?

Acceptable documents include:

• Excerpt from the public register

• Certificate of employment

• Social Contract or Social Contract

This document should include:

1. Name of legal entity

2. Registry Details

The principal register must identify in the archive who the current directors of the entity are.

How do I know if my business is under some kind of surveillance or judicial recovery?

Monitoring is when a court or regulator orders or appoints an independent monitor to oversee and evaluate an entity's compliance with specific corporate or regulatory practices.

Judicial recovery is when a court or regulator orders or appoints an independent administrator to manage all aspects of a company's activities with the aim of recovering funds in the event of returning the company to profitability.

What documents are accepted to prove employment?

A service certificate is proof that the entity is in good condition. The file must have at least:

1. Name and address of the legal entity

2. Country/Registration

3. List of current directors, directors and beneficial owners (if any)

What needs to be included in the list of authorized representatives?

The list of authorised representatives shall list the following persons:

1. Sign the contract and terms/agreement by the controller's authorized representative

2. Controllers and beneficial owners

3. Individuals who may register on your behalf

What is the difference between controllers, directors and beneficial owners?

Controlledr: An individual who has substantial responsibility for the control, management or direction of a legal entity's business, including a director or chief executive officer (e.g., an EXECUTIVE DIRECTOR, Chief Operating Officer, Member of an Executive Director, General Partner, President, Vice President, or Treasurer) or any other individual who regularly performs a similar role.

Director: Individuals appointed or elected to serve on a board of directors responsible for managing the business of a company or other legal entity, commonly and collectively referred to as "Board of Directors"., directors or principal shareholders) or "outside directors" (not employees who have little or no direct interest in the company). Some or all of the directors may also be controlling.

Beneficial owner: A natural person who owns or controls, directly or indirectly, more than 25% of the ownership or control of a client entity.

What is the difference between administrator, principal, protector/controller?

This section only applies if you have selected 'Trust' under 'Legal Entity Type'

Fiduciary: A trustee is an entity or person who owns and manages properties or assets for the benefit of third parties. Trustees may be appointed for a variety of purposes, such as bankruptcy, charities, funds or certain types of retirement plans or pensions.

Trustees are fiduciary to make decisions in the best interest of the trustee and often have a fiduciary duty, which means that they manage their assets in the best interest of the trusteebeneficiaries.

Beneficiary: A beneficiary of a fund is the individual or group of individuals for whom the fund is established.

Settlor: The settlor is the entity or person establishing the trust. Settlor has several other names: donor, grantor, fiduciary and fiduciary. Regardless of the name of the entity or person, your role is to legally transfer control of the assets to an administrator, who manages the assets for one or more beneficiaries. In some types of trusts, settlor can also be a beneficiary, an administrator, or both.

Trustee/Controlling Person: A trustee is a person or group of persons who are not founders, beneficiaries or trustees. Its role occurs in targeted trust. The role of the protector/controller is essentially to supervise the administrator. If there is a fiduciary agent or controller, they are usually indicated by the instituter together with the administrator.