This article will outline how First AML verify Licenced Managed Intermediaries (LMI) under Australian, New Zealand, and United Kingdom AML legislation. 

Who do we verify?

  1. All individual(s) Acting on Behalf (refer ‘Individual Acting on Behalf’) of an LMI.

What do we verify?

  1. Full name, address and registration number (if applicable) of the LMI
  2. That the managing intermediary is an LMI. Extract from Disclose Register (if applicable) to verify that the entity is a LMI.