Who are the freelancers on Malt?
Freelancers are all independent workers offering unregulated intellectual services. They are, for example, artists, graphic designers, consultants, coaches, photographers, computer scientists, developers, etc.
Freelancers can be registered under different legal statuses. They can, for example, be self-employed as a Sole Trader or in a registered company (Private or Public Limited Company, or Partnership) or even be affiliated with an Umbrella Company.
In our General Conditions of Use, you can find the legal statuses to be respected in each of the countries where Malt is present.
The profiles of freelancers registered on Malt are public. They constitute the showcase for online freelancers. On this profile, you can find the skills and past experiences of freelancers as well as recommendations and reviews from previous clients. When signing the freelance charter, freelancers undertake to complete the information in their profile in a transparent and honest manner.
Our policy
Know Your Customer (KYC) and Know Your Business (KYB) at Malt
As part of its duty to perform customer due diligence, MANGOPAY needs to take all appropriate measures to identify and verify its customers and their beneficial owner(s), in case of a legal entity. These measures are also known by the terms Know Your Customer (KYC) for physical persons and Know Your Business (KYB) for entities. They allow MANGOPAY to determine the acceptability of business relationships in line with its risk appetite and regulatory obligations.
The KYC and KYB measures are related to the risk management process and ensure that MANGOPAY is able to prevent criminal undertakings from using its services, and can identify and mitigate money laundering risks associated with customer relationships.
Overview of the Compliance Requirements in the KYC / KYB process
This following guidance provides a general overview of the Compliance requirements regarding the documents requested in the KYC/KYB process and the minimum standards of acceptability. It does not aim to provide granular or exhaustive information on every document that could potentially be acceptable for the different entities in the various jurisdictions but instead it is intended to explain the type of elements required for the identification and verification of every user type and the reason behind the type of documents requested.
For all types of users the declarative data submitted through the Dashboard should match the information contained within the documents provided if the latter comply with the set requirements for acceptability.