Chris' Recipes

Bon Appetite!

Fintrac Agent Agreement

Written By: Chris - Apr• 09•21

Jane Smith wants to make a transaction for which you need to verify her identity. The officer verified Jane Smith`s identity in 2012 by referring to her driver`s license, which expired in 2011. In 2012, as Jane Smith`s driver`s licence expired, her identity was NOT verified using prescribed methods. It is therefore not acceptable to rely on the information provided by this agent. Whether you are using an agent or agent to verify the identity of a person on your behalf, or relying on the actions previously taken by an agent or agent, you must make a transaction for which you must verify their identity. The officer checked Jane Rogers` identity in 2012 by referring to her driver`s licence, which did not expire. In 2012, Jane Rogers` name and photo matched the name of the driver`s licence, her identity was verified according to the prescribed methods. Regardless of the fact that the license has not expired, it is not acceptable to rely on that agent`s information because the agent provides you with information about Jane Rogers, and it is now Jane Smith, so that the information provided to you by the agent is not valid and up-to-date. Required registrations: You must keep a copy of your agreement with the agent, as well as the customer`s information that he collects on your behalf and the date the client was identified.

In addition to the applicable registrations related to the prescribed identification method, if you rely on an agent or agent to verify the identity of a person, you must have in your recordsnote 29: You can rely on an agent or agent to fulfill your obligation to verify the identity of a person, or you can verify the identity of a person, relying on the actions previously taken by an agent or agent if they are taken : To rely on the credit file method, you must search at the time of verifying the person`s identity. A person cannot provide you with a copy of their credit file and no credit file previously received can be used (see section 3 for situations in which information obtained from a related company, agent or agent can be used). Jane Smith wants to open an account with you. The officer verified Jane Smith`s identity in 2012 by referring to her driver`s licence, which expired in February 2014. In 2012, Jane Smith`s name and photo matched the name of the driver`s licence, her identity was verified using prescribed methods, whether or not the licence expired. Therefore, it is acceptable to rely on this agent`s information if there is an agreement on this and you will get the prescribed information as soon as possible. Description: An attorney can identify a client on your behalf, provided you have a written agreement with the agent. The agent does not need to be a recognized expert. Description: You may wonder what is the difference between the certification method and the use of an agent. The simple answer is that you have a written agreement in advance with an attorney (and the agent does not need to be a recognized expert).

In the case of a certificate, your client must be personally identified by a designated professional. This method can be useful if a person has less than six months of Canadian credit history. A person or organization that must take steps to establish identity in accordance with paragraph 64, paragraph 1 or (1.1) can only rely on an agent or agent to determine the identification measures described in this subsection if that person or entity has written an agreement or agreement with that agent or agent to establish the identity.

Print Friendly, PDF & Email

You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.