Understanding Trust and KYC Requirements

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3 Questions

What is the purpose to create a trust?

The trustor must have the clear intention to create a trust.

Which exchange is known as SGX?

The Singapore Exchange for Singapore

What is the major document required for fund identification?

Trust Deed

This quiz explores the concept of trust, particularly in the context of KYC (Know Your Customer) requirements. It covers the purpose of creating a trust and the roles of the trustor, trustee, and beneficiary.

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