Is it a year already since our last review?  We have been so focused helping keep businesses like yours growing and staying compliant the year has just flown by.

We got straight into 2022 with a well-attended free webinar on Ongoing CDD and reminded everyone that agreement renewals at the same time can help grow your business and ensure you’re billing appropriately.

The sad events in eastern Europe then dominated, with the Russian Sanctions Act a grim reminder of the need for PEP/Sanctions checks not just for AML (we always include them with Electronic & Biometric IDV).

The granting of an exemption for some IRD Tax Transfers meant a reduction in the compliance requirements for many in the Accounting Sector. Alongside that though a new IRD Operational Statement on Authority to Act clarified the need for ID Verification, at least for the people giving authority. That all led to lots of tweaks and changes in 2Shakes too!

We briefly came up for air, then dived into a major update of Agreement Renewals / Ongoing CDD and had great feedback on that.

And just to round off the year we built an entirely new way to access and use 2Shakes in our Standalone Checks – useful for existing and new customers, many of whom would not otherwise have easy and cost-effective access to ID and PEP checks.

And it’s not just the updates you see in the app – it’s all the things we do in the background to make sure your onboarding and AML compliance is easy for you and your clients. That included changes as part of being a Xero-Connected App, and the NZBN moving from version 3 to version 4. During our annual review last week, we listed over 25 medium to large updates we did this year – that’s huge! It’s fair to say we took a moment to let what we have accomplished as a team sink in.  And that team includes you – many of the improvements we made would not have been possible without your feedback, suggestions and help – so thanks heaps!