AML requirements

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Hi,

I need to do AML check for Partnership with about 20 partners. Do we require copy of ID from all the partners if we don't do personal matters for them or what are the requirements for ID check for Limited Company and Partnerships?

 

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By Matrix
13th Jul 2018 20:32

We verify all beneficial owners with a >25% holding (shares or profit share).

http://www.legislation.gov.uk/uksi/2007/2157/regulation/6/made

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