A new web based solution meets multiple regulatory requirements for KYC
Monday, September 26, 2016 | The ID Register
The ID Register is a new online platform which makes the Know Your Client (KYC) process quicker, easier and more cost effective.
The ID Register lets users create a complete KYC profile and share it securely with those who need it, eliminating the need for multiple paper forms that all ask for similar information in slightly different ways.
Backed by leading fund administrator, Ipes, The ID Register has been developed in response to the changing regulatory requirements for KYC. The UK Financial Conduct Authority (FCA) has stated, "In order to enable effective competition and promote innovation, it is important that techn…
ID Register rollout gains momentum
Tuesday, September 20, 2016 | The ID Register
The following article was distributed by globalcustody.net on 20 September 2016. The original can be located here.
The global rollout of the globe-spanning ID Register system continues in London later this week, following its launch in Jersey and Guernsey on Tuesday and Thursday of last week.
The initiative, led by the Channel Islands-based private equity fund administration specialist Ipes, is aimed at enabling investment intermediaries to comply with FATCA and know your customer regulation in a simple and cost-efficient way. Ipes Director Tim Andrews will be blazing a charm offensive trail with the international specia…
