We have introduced a new feature called "Managed Profiles", which are profiles that we will keep updated with all the latest rules and information.
There are currently two
profiles available to all customers:
· Free Data Check (Managed) – checks that information entered is present and in the right format.
· Know Your Customer (Managed) – checks company and contact information against the edited electoral roll, death register, checks for CCJ/insolvency, checks telephone directory and line type check, company registration details, financial history, ownership and directors, and VAT number registration checks passport and driving licence validity and against law enforcement data, checks whether addresses are virtual offices, checks the domain name registration.
For customers with an anti-money laundering check obligation and who are DPA registered, we also offer 3 additional profiles:
· MLR Check (Managed) – a basic anti-money laundering check for businesses with an anti-money laundering obligation. Includes a full electoral roll check and sanctions and politically exposed persons checks, death register screening, check on company registration details, financial history, ownership and directors.
· MLR Check (Contact Only) – Managed – as above, but only checks an individual, not a company.
· Full Check (Managed) – the full works including all available checks, including all those in both Know Your Customer and MLR Check above.