We’ve made improvements to the AML page to help those using Sign Up with AML as well as AML Only.

IDV Required vs Beneficial Owner

We have improved the wording on the AML page. Now, we only refer to people as Beneficial Owners (not IDV Required), since you likely have already done IDV.

We’ve also updated the instructions to help make OCDD easier.

Deselecting Beneficial Owners

o further prevent people being deselected who shouldn’t, the Main Signatory/Contact and any Individual Clients must be Beneficial Owners and so cannot be deselected. (Previously this was just the case for the Main Signatory/Contact). 

You can still deselect other people listed as Beneficial Owners and record the reason.

CDD Reason

The CDD Reason now shows the reason last time alongside this time, so you now have more information at hand to record your reason information. We still populate the reason as much as we can from Companies Office or what we know about the client.

NB: If you see a person whose previous reason was Director or Shareholder of a Company, but now the reason is blank, they no longer have that role.

Minor Update

We have also squeezed in a minor update on the success screen after your client signs, to make it consistent with the Biometric IDV success screen. Now, when your client signs and Manual or Electronic IDV is selected, they will see a branded confirmation page instead of the previous fireworks image. Here’s an example for “TraderInc” company.