The SmartSearch software combines machine-learning interrogation and an OCR algorithmic check on the ID document’s Machine Readable Zone (MRZ) to verify whether the document is genuine and unaltered, with a full data integration to identify document tampering.
The reform of Companies House under the Economic Crime Act Part 2 represents a significant step towards enhancing transparency, accountability, and the fight against economic crime in the United Kingdom. Companies House, the registrar of companies in the UK, plays a vital role in maintaining accurate and up-to-date information about businesses operating within the country. […]
Important Service Update We are required to inform you of this service upgrade. The Smart Search platform upgrade is coming soon! In response to feedback, and as part of their commitment to continuous improvement, SmartSearch is pleased to announce that we will shortly be upgrading your platform. Built using the latest technology, the upgraded platform […]
HMRC has confirmed it is investigating 153 suspected ‘enablers of tax evasion’, including both regulated and unregulated tax advisers.
MEPs have called for a tightening of the rules on which countries are added or removed from the blacklist and indicated that UK overseas territories such as the Cayman Islands, Bahamas, Jersey and Guernsey are among those which should be added to an EU tax havens blacklist after the conclusion of the Brexit deal,
Money Laundering Regulations Breaches. For professional firms that provide defined services, the regulations require their anti-money laundering systems and controls meet the UK’s anti-money laundering regime’s requirements. The regulations require these firms to ensure that relevant employees are kept aware of the firms’ policies, controls and procedures and are accountable for their actions.
New Service – Customer Verification Biometric Facial Recognition, We are now pleased to be able in addition to our usual EV solutions add Biometric Facial Recognition to the customer onboarding process for both UK and overseas individual checks.
As part of The Criminal Finances Act UWOs, require individuals to explain various issues about an asset, including how it was obtained, including the source of the wealth, have been recently introduced to the UK.
A complete set of templates which aids in the requirements in the Regulations for risk sensitive policies and procedures which are able to demonstrate to a supervisor your firm’s specific policies, controls & procedures for AML
Access to the SmartSearch Platform through Business Tax Centre is on a ‘pay as you have used basis’ with no formal contractual amount payable, pay for your usage only.