Add beneficial owners
Create a record for every beneficial owner, officer and manager (BOOMs) who has been approved by the relevant supervisory authority or via a criminality check.
-
Go to Practice compliance.
-
From the Compliance list, select Beneficial owners (BOOMs). Any existing beneficial owners are shown.
-
Select Add owner.
-
Enter the User email or owner name and the Relationship with firm (both are mandatory).
-
Select the Start date , or enter in DD/MM/YYYY format (mandatory).
-
Select the Date of cessation. You can leave this empty unless you know the date that the BOOM assignment for that user will end.
- Select Save.