Advice Decision-Making Assistant (ADMA)


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Timing of verification – organizations

The following are resources that may be helpful in answering your enquiry. Please familiarize yourself with them before moving on.

In brief: If you provide legal services to an "organization" client in respect of a "financial transaction", you must verify the organization’s identity within 30 days. You must verify the instructing individual’s identity too. The 30-day leeway does not apply to the instructing individual (Rule 3-105(1)).

Key Resources

Rules - Timing -  Law Society Rules 3-105 and 3-106

Rule - Record keeping and retention:  Law Society Rule 3-107

Practice Resource - Client Identification and Verification - Top 10 tips

Practice Resource - Client Identification, Verification and Source of Money Checklist, includes sample agreement with agent

Additional Resources

Practice Resource - Anti-Money Laundering Webinar 2024 at 1:56

Rule - Definitions of "client", “financial transaction”, and “money”:  Law Society Rule 3-98.

Rules - Exemptions to verification requirements: Law Society Rules 3-99(2)(a) and 3-101.

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