Identity Verification

Purpose

Identity verification establishes that an individual or entity is who they claim to be, using documentary and, where available, source-of-record checks. It is typically the first step in a broader due diligence engagement.

Scope

For individuals, verification typically covers full legal name, date of birth, and government-issued identification, cross-checked against available public and licensed data sources. For entities, verification covers legal name, registration number, registered address, and confirmation of active registration status with the relevant corporate registry.

Typical commissioning circumstances

• Onboarding a new customer, supplier or counterparty.
• Periodic review of an existing relationship.
• A change in beneficial ownership, control or registered details.

Sources and methods

Verification draws on government and corporate registry records, licensed identity and business data sources, and document checks against the individual or entity presenting for verification.

Deliverables

A verification outcome confirming whether the identity presented could be corroborated against the sources checked, with the sources cited and the date of the check.

Limitations

Verification confirms identity against available records at the time of the check. It does not assess an individual's or entity's intentions, conduct, or suitability for a particular relationship — those matters, where relevant, fall within the scope of enhanced due diligence.

Confidentiality

Verification outcomes are provided to the commissioning party only and are not published in the registry.

Review process

Where a subject disputes a verification outcome, they may request review through the review and correction process.