Just undertaken a client file review and we have a UK Ltd company that has just appointed a non resident director to its board. For AML record keeping, we will request a copy of their passport photo ID, but is there anything else you would normally ask for? UK resident directors normally provided recent utility bills to confirm their address as well as paasport/driving licence.
Can you please advise?
Replies (2)
Please login or register to join the discussion.
Director
Are you also acting for the director personally (for example are you dealing with his personal tax returns)?
If not, is he a 'beneficial owner' in the context of MLR 2007?
If he is neither a client nor a beneficial owner then you do not need ID from him for MLR purposes.
David