ID Requirements
Important Notice for ID Requirements
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the "Regulations") – as of 26th June 2017.
All Auctioneers are now required to verify the identity of all bidders before the auction.
REGISTRATION FOR BIDDERS
Please note all bidders will need to register with Kivells on the night of the auction and in so doing will be required to provide one form of government issued photographic identity and a utility bill addressed to them at their home address, dated within 3 months of the date of the auction.
UK PRIVATE INDIVIDUALS
You must provide one document from list A and B:
List A: Identity documents:
- Current signed passport, or
- Current UK photo card driving licence.
If you do not currently hold a valid passport or driving licence, you may alternatively provide a certified copy of one of the following documents:
- UK old style paper driving licence
- Residential permit issued by the Home Office to EU Nationals on sight of their own country passport
- Benefit book or original notification letter from the Benefits Agency confirming the right to benefits
- Self-employed in the construction industry – tax exemption certificate with photograph of holder (forms C155, C156 or SC60)
- HM Revenue and Customs tax notification, or
- Firearms certificate
List B: Evidence of address:
- A utility bill issued within the last three months (but not mobile phone)
- Current UK driving licence (if not already used as evidence of identity)
- UK old style paper driving licence (if not used as evidence of identity)
- Local authority tax bill (valid for the current year)
- Bank, credit card, building society or credit union statement issued within the last three months and addressed to a current residential address
- The most recent original mortgage statement from a recognised lender
- Confirmation from the electoral roll that a person of that name lives at that address
- Benefit book or original notification letter from the Benefits Agency confirming the right to benefits (if not used as evidence of identity)
- Self-employed in the construction industry – tax exemption certificate (forms C155, C156 or SC60) (if not used as evidence of identity), or
- HM Revenue and Customs tax notification (if not used as evidence of identity)
Please note that we do not accept the following documents as evidence of address: PO box numbers, addresses listed as 'C/O', online bank statements, online utility bills, health insurance certificates, building contents insurance certificates and motor insurance certificates.
NON-UK PRIVATE INDIVIDUALS
You must provide one document from each list
List A: Identity documents:
- Full and valid passport
- National identity card, or
- Photo driving licence
List B: Evidence of address:
- A utility bill issued within the last three months (but not mobile phone bills as these can be sent to different addresses)
- Bank, credit card, building society or credit union statement issued within the last three months and containing a current address, or
- A reference from a bank or regulated legal professional who has advised the individual for the past two years
- Certified copies (signed and stamped by an independent regulated professional person) of the above documents are also acceptable
Please note that we do not accept the following documents as evidence of address: PO box numbers, addresses listed as 'C/O', online bank statements, online utility bills, health insurance certificates, building contents insurance certificates and motor insurance certificates.
CORPORATE BODIES, INCLUDING TRUSTS ETC.
We will not be able to proceed with a transaction from a corporate body until we are fully satisfied that we have identified the ultimate beneficial owner. Importantly, the Regulations place a legal duty on all corporate bodies, including trusts etc, to provide us (the relevant person) with this information:
(a) Information identifying -
(i) its name, registered number, registered office and principal place of business
(ii) its board of directors, or if there is no board, the members of the equivalent management body
(iii) the senior persons responsible for its operations
(iv) the law to which it is subject
(v) its legal owners
(vi) its beneficial owners, and
(b) its articles of association or other governing documents.
You are strongly advised to prepare in advance the necessary paperwork
This is especially important with the more complex corporate structures as it will take considerably longer to conduct our due diligence. Each layer of the structure needs to be carefully examined until we have identified who the ultimate beneficial owners are.
If we are not fully satisfied, we will not be able to proceed with the transaction
Should you have any queries or require further information please do not hesitate to contact any of our offices.
