After you send us a copy of your ID documents:
– our MLR officer will check the documents and will make a Credit reference check
– Under regulation 40 we must keep a copy of the documents and information we obtained to fulfil our MLR obligations. Records relating to MLR, the business relationship and occasional transactions must be kept for five years from the end of the client relationship.
– The copies of your ID documents will be encrypted and stored securely to our Practice Management Software and won’t be visible to our employees.
Any personal data received from the client will only be processed for the purposes of preventing money laundering or terrorist financing unless permitted by an enactment or unless they provide consent. On request, your personal details may be provided to relevant authorities for the specific purpose of anti-money laundering, identity verification, tracing and fraud prevention.
The copies of your documents/receipts will be encrypted and stored securely to our Practice Management Software.
