![]() ![]() See Annex 4 for examples of acceptable government-issued photo identification documents. ![]() ![]() Photo identification documents issued by municipal governments, Canadian or foreign, are not acceptable. match the name and appearance of the person being identified.include a unique identifying number and.be issued by a federal, provincial or territorial government (or by a foreign government if it is equivalent to a Canadian document).be authentic, valid and current Footnote 2.You may verify the identity of a person by referring to a government-issued photo identification document. You can use any of the 5 methods described below to identify a person:Ģ.1 Government-issued photo identification method It helps you to know your clients and to understand and assess any risk that may be associated to their transactions or activities. Verifying identity is a foundational element of Canada's anti-money laundering and anti-terrorist financing regime and a key component of an RE's relationship with clients. It means to use the methods described in this guidance to ensure that the information in an identification document or from other informational sources matches the information that the person or entity provided. Meaning of verifying the identity of a person or an entity Video 5 – Verifying the identity of a client: Reliance methodġ.Video 4 – Verifying the identity of a client: Affiliate or member method.Video 3 – Verifying the identity of a client: Dual-process method.Video 2 – Verifying the identity of a client: Credit file method. ![]() Video 1– Verifying the identity of a client: Government-issued photo ID method.When to verify the identity of persons and entities – Securities dealers.When to verify the identity of persons and entities – Real estate brokers or sales representatives, and real estate developers.When to verify the identity of persons and entities – Money services businesses and foreign money services businesses.When to verify the identity of persons and entities – Life insurance companies, brokers and agents.When to verify the identity of persons and entities – Financial entities.When to verify the identity of persons and entities – Dealers in precious metals and precious stones.When to verify the identity of persons and entities – Casinos.When to verify the identity of persons and entities – British Columbia notaries.When to verify the identity of persons and entities – Departments and Agents of the Crown.When to verify the identity of persons and entities – Accountants.Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations SOR/2002-184.Proceeds of Crime (Money Laundering) and Terrorist Financing Act.Annex 5: Examples of reliable sources of information for the dual-process method.Annex 4: Examples of acceptable photo identification documents.Annex 3: Summary of methods to identify an entity and associated record keeping obligations.Annex 2: Summary of who can identify a person on your behalf.Annex 1: Summary of the methods to identify persons and associated record keeping obligations.Restrictions on the use of personal information Verifying the identity of an entity if it has been previously verified How to verify the identity of a person who does not have any identity verification documentation or information for a retail deposit account Added on February 22, 2023 Verifying a person's identity if it has been previously verified Using an agent or a mandatary to verify the identity of a person on your behalf 2.1 Government-issued photo identification method. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |