Verification levels
Simplified verification is generally permissible when a client is identified as low risk. The following provides a high-level overview of the applicable cir...
Thu, 19 Sep, 2024 at 4:44 PM
The general position under anti-money laundering legislation is that Standard verification should be applied when neither enhanced nor simplified verificati...
Thu, 19 Sep, 2024 at 4:45 PM
Enhanced verification is generally required when a client is identified as high risk. The following provides a high-level overview of the requirements: ...
Thu, 19 Sep, 2024 at 4:45 PM
There are three levels of client verification able to be undertaken using the First AML platform. These are standard, enhanced, and simplified. The level of...
Thu, 19 Sep, 2024 at 4:45 PM
The verification level of a case will automatically be changed in the following circumstances, unless instructions are received to the contrary: Posit...
Thu, 19 Sep, 2024 at 4:45 PM