You can add related parties to an investing entity directly within the Admin App. Follow the steps below to set up and manage related parties.
Step 1: Access the Investing Entity
In the navigation pane, select Investing Entity
Select the relevant investing entity.
Click on the Related Parties tab.
On the right, click the + icon to add a new related party.
Step 2: Complete the Related Party Details
In the Add Related Party dialogue box, select the Entity Type (e.g., Individual, Partnership, Company, or Trust).
The form may change depending on the selected entity type.
Choose the related party's relationship and enter their contact information as required by your compliance process.
An email address must be provided if you want to request ID verification.
After creating the related party: Open their record to enter full details such as date of birth, primary and secondary tax residency, mobile phone number, KYC and documents.
Note: If the related party already exists in Caruso as an account and has completed ID verification, tick the checkbox to mark them as a duplicate. This will exempt them from another ID verification process.
How to Manage Related Parties
Option 1: From the Related Parties Module
Option 1: From the Related Parties Module
In the navigation pane, select Related Parties
Search for the related party and click into their record
From here, you can:
Edit their details such as date of birth, primary and secondary tax residency, mobile phone number
Delete the related party by clicking the ellipsis (...) in the top-right corner
Add documents by clicking Add document in the top-right and uploading the file.
Click into the KYC tab to review, send a EIV Request or Manually verify identity
Click into document tab to view documents that have been uploaded.
Option 2: From an Investing Entity
Option 2: From an Investing Entity
In the navigation pane, select Investing Entities
Choose the relevant investing entity
On the entity’s details page, go to the Related Parties tab
Click on the record you wish to update.
From here, you can:
Edit their details such as date of birth, primary and secondary tax residency, mobile phone number
Delete the related party by clicking the ellipsis (...) in the top-right corner
Add documents by clicking Add document in the top-right and uploading the file.
Click into the KYC tab to review, send a EIV Request or Manually verify identity
Click into document tab to view documents that have been uploaded.
Adding Multiple Related Parties
For Partnerships, Companies, or Trusts:
Use the ellipsis (...) on the right
Click Add Related Party to include another party in the structure
Tip: To request contact details for all related parties at once, click the Request all contact details icon in the Related Parties tab. This will send an email to the key account holder asking them to provide the information for all related parties linked to the investing entity.
If you have any questions or need help at any stage, please contact our Caruso Support team either by email or live chat.