Money Laundering

With effect from 1st December 2001, the Financial Services Authority (FSA) has assumed full responsibility for money laundering procedures.

To comply with the requirements of the Criminal Justice Act 1993 and the Money Laundering Regulations of the FSMA 2000, IPS is obliged to obtain verification of the company and the trustees' identities when accepting new business. Please let us have the following documents:-

A. Company

• a certified photocopy of the Certificate of Incorporation
• a certified copy of the latest company accounts

Independent certification by the company's accountant is sufficient.

B. Trustees

For each individual trustee:

Personal Identity Check - please supply the ORIGINAL of one of the following:

• current signed passport
• residence permit issued by the Home Office to EU Nationals on sight of their own country's passport
• UK photocard or old style full driving licence
• benefit book or notification letter from the Benefits Agency confirming the right to benefits
• Inland Revenue tax notification or coding notice
• Firearms certificate

Address check - please supply the ORIGINAL of one of the following, showing current address:

• gas, electricity or telephone bill (mobile 'phone bills are not acceptable)
• mortgage statement
• council tax demand
• bank, building society or credit card statement

Please note, statements must be less than 3 months old.

If you have difficulties with any of these requirements, please let us know. We cannot accept you as a client until these requirements are satisfied.