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Why do we need your data, including Tax Identification Number?
Why do we need your data, including Tax Identification Number?

All you need to know about data requirements.

Updated today

Why do we need your data?

As a part of the KYC (Know Your Customer) process, we require that you provide us with certain information to set up your account with Shares. This is a legal requirement for companies providing regulated financial services and operating under licences from financial authorities. The main purpose of information verification is to prevent Shares from being used by criminal elements for money laundering activities. It also enables Shares to understand its customers and their financial dealings to serve them better and manage its risks prudently.

We know that at times it may feel frustrating to complete the full process, however, it is ultimately to ensure Shares is a safe place to invest.

At Shares, data privacy is important to us. For further information on how we handle personal data, please review the Shares data privacy policy.

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