To fulfil regulatory requirements around anti-money laundering identification and verification during this period of social distancing, your firm should consider using electronic solutions.
Our strategic partners Amiqus offer an encrypted online tool, AmiqusID, for client and staff onboarding and transaction checks. Your clients and employees can undertake document validation, sanctions screenings and anti-money laundering checks remotely from their personal devices. Amiqus ID automatically records internal decision-making within its centralised platform, providing a clear digital audit trail.
Please note that other online AML tools are available. Members should also consider our Non face-to-face identification guidance under the Practice Guidance section on our Coronavirus updates page.