News

Anti-Money Laundering Regulations (AMLR) AMLR has been in place since 2007. In 2017 additional legislation came into force that added to the existing requirements. These are covered in the third paragraph. Already, we are required to have on record identification details of clients, which includes, sight of and a copy of, either a client's current passport, or photographic driving licence, or a form of identity that has a recent photograph. Should a client hold none of these, we need to take a photograph of the client for the records and secure the clients consent for such. In addition, we will need one separate confirmation...