As accountants, we are required by law to check our clients are who they say they are. We do this by checking photo ID (through the use of our partner Cloudcheck) and then checking proof of residence either against a national database such as Drivers Licences, or by checking a copy of a utility bill has your address.
Our partner Cloudcheck also checks details against international databases to make sure we aren’t acting for anyone on a global sanction list, or someone who is a politically exposed person (and therefore could be a risk to us as a client).
These checks aim to reduce the risk of us enabling money laundering or financing terrorism.