Fine Art Examples
Paintings
Sculptures
Drawings
Printmakings
Photography
Ceramics
Textile arts
Art is evaluated by
Artist Reputation
Provenance
Rarity
Condition
Medium
Art Historical Importance
SKR Trade Program Simplified Steps with MG Summit Consultation:
1. **Pre-Compliance (Step 1)**:
a. Draft KYC: Subject to necessary changes.
b. Genealogy check.
c. Profit Sharing Agreement (PSA).
d. PP Questionnaire.
– **Consultation**: MG Summit provides guidance on drafting KYC and completing necessary documents.
2. **Main Compliance (Step 2)**:
a. Full KYC submission.
– **Consultation**: MG Summit offers support in ensuring compliance with full KYC requirements.
3. **Conference Call (Step 3)**.
– **Consultation**: MG Summit assists in preparing for the conference call and advises on communication with the platform.
4. **Contract Signing (Step 4)**.
– **Consultation**: MG Summit provides guidance on reviewing and signing the trade contract.
5. **Preparation for Trading (Step 5)**:
a. Obtain SKR from a top-rated bank.
b. Arrange for insurance coverage.
Note: Takes up to 6 weeks.
– **Consultation**: MG Summit advises on the process of obtaining SKR and arranging insurance coverage.
6. **Trading (Step 6)**.
– **Consultation**: MG Summit offers insights on the trading process and market conditions.
7. **Profit Release (Step 7)**.
– **Consultation**: MG Summit assists in managing profit release and advises on financial strategies.
Instructions for KYC Submission:
– Attachments in JPG/PNG format.
– KYC and POL to be issued on the same day.
– Transaction Code assigned by the platform.
– Submit complete KYC package between Monday and Wednesday.
– KYC is crucial and checked by all involved parties.
Responsibilities:
– Intake Officer ensures correctness of KYC submissions.
– Intermediaries assist in finalizing the PSA.
– Client undertakes full compliance for Final KYC Submission.
– Platform organizes a conference call after main compliance.
– Platform prepares for trading and contacts client’s Legal Advisor.
Let’s begin with the Pre-Compliance process. Thank you.
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