Where verification is undertaken with respect to a government agency, the following “Client Information” will be requested from the Client contact
Documentation (e.g. Letter from a government official) confirming the following details:
Status as government agency
Relationship to client (if not the client), e.g. subsidiary, parent
any individuals purporting to act on the government agency’s behalf
Where enhanced verification is undertaken with respect to a client that is a government agency, the simplified verification process (above) will be initiated with the following addition:
Source of Wealth or Source of Funds for the client will be requested
Standard verification is not available with respect to a client that is a government agency.