What onboarding information is required for a family office?

What's a family office?

Family offices are entities set up to facilitate trading, investing, or other financial transactions using the personal wealth of the companies’ ultimate beneficial owners.

Checklist

1. What's a family office?
2. Family offices are entities set up to facilitate trading, investing, or other financial transactions using the personal wealth of the companies’ ultimate beneficial owners.
3. Who are the key persons for a family office?
4. Authorized users: Persons who have access to and can operate your institution’s OKX account.
5. What'll a family office need to consider for the onboarding process?

Notes

Who are the key persons for a family office?

Corporate officers: Persons with significant responsibility to control, manage, or direct the family office including executive officers or senior managers (for example, CEO, CFO, COO, Managing Member, General Partner, President, Vice President, or Treasurer), or any other persons who regularly perform similar functions.

Directors: Persons elected or appointed to serve on the board of directors of the Family Office. These persons govern and oversee the family office, and are responsible for its high-level strategy, operations, and accountability.

Ultimate beneficial owners: Persons who ultimately own and/or who exercise ultimate control over the family office. “Ultimately owns” and “ultimate effective control” refer to situations in which ownership/control is exercised through a chain of ownership or by means of control other than direct control.

Details follow the official OKX help article; this page is a learning checklist, not an official mirror.