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In what circumstances do I have to verify my client’s identity?

You are required to verify the identity of your client when, having been retained to provide legal services, you engage in or give instructions in respect of the receipt, payment or transfer of funds. In such cases you are also required to verify the identity of any third party your client acts for or represents (usually someone who is directing or instructing your client) as well as any individual providing instructions on behalf of an organization.