Anti-Money Laundering Policy

It is a requirement of Anti-Money Laundering regulations that we (i) identify and verify the identity of our clients before establishing a business relationship; (ii) obtain assurances about the transactions which we are asked to carry out; and (iii) identify the source of funds.

The type of client, its business and geographical location, amongst other things, will dictate the due diligence standard and the sort of documentary evidence we are required to obtain to verify a client’s identity.

In any meeting, whether face-to-face or virtual, we ask to see original documents from two prescribed lists. The first list contains documents to evidence identity such as passport or drivers’ licence and the second list contains documents to evidence residence such as a recent (not older than 3 months) utility bill or bank statement. If these documents are not available for whatever reason, we will ask to see alternative documents or use alternative means of establishing our clients are bona fide.

In all cases, we will undertake an online verification check. We use Creditsafe.

Where the client is based abroad, we require proof of identity and residence as above save that the original documents must be certified as original by a local lawyer. We will require the lawyer’s contact details.

Where you have provided your personal information to us for the purpose of Anti-Money Laundering compliance and evidencing to us that we are an appropriate firm to be providing legal services to you, we will only process the information for that purpose.

If we are not able to obtain all the necessary information we require to establish identity and residence we may not be able to commence acting for you.

If you have any questions about this policy or require further information, please contact neill.thomas@thomasmansfield.com.

Last updated: April 2022