To open and operate a business account on the Gather Being platform, it is essential to designate an Account Controller. This allows for all activity within the business account to be tracked and authorised by a verified individual and establishes compliance with UK regulatory standards and AML (Anti-Money Laundering) obligations.
An Account Controller is the authorised individual responsible for managing and operating the organisation’s business account on the Gather Being platform. They are accountable for all activity within the business account.
As a first step, an Account Controller must sign up for a Gather Being retail account. All KYC and AML checks must be completed for this individual.