Anti-money laundering

Charlotte Ali sets out a couple of FAQs on how to verify clients you do not meet

Set out below are the answers to a couple of common issues faced by members in practice.

Q Can you advise me what identity checks I should use when a new client contacts me online, lives a long way away, and who I am unlikely to meet? I do a great deal of work online but normally I would see a client at the beginning so I can check their face against their passport and take a copy. But, in this case, it seems I may not see the new client for a while, if at all. Is it acceptable merely to carry out electronic ID?