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HM Land Registry publish NEW standards for EIDV in property transactions

29/03/2021

HM Land Registry NEW requirements go a step further than CURRENT GUIDANCE those that rely on matching a photo printed on the document with the self-taken photograph

  1. Cabinet Office Good Practice Guide 45 = https://www.gov.uk/government/publications/identity-proofing-and-verification-of-an-individual

HM Land Registry NOW require:

  1. The self-taken photograph, or a live video, is also biometrically matched to the photograph extracted from the encrypted chip.
  2. It is challenging to tamper with the photograph held on the encrypted chip, so insisting on this level of check gives us a higher level of assurance of the document's validity.

HM Land Registry acknowledge:

  1. That this requirement prevents clients who do not own smartphones or UK passports from verifying themselves in this way.
  2. However, given the nature, significance, and value of most property transactions, HM Land Registry believes the suitable level of assurance can best be achieved in an accessible and usable solution by checks enabled by chip technology.

It is also important to remember the standard is optional. Other methods for verifying identity will remain valid.

Anti-money laundering/Know your customer

Concerning the above and on 20 January, the Legal Services Affinity Group updated its anti-money laundering guidance to provide further guidance on the use of electronic identification and verification tools, including:

  1. The role of the tools,
  2. The data sources available and
  3. General guidance on when to use these tools – acknowledging that the market is diverse and growing.

SOURCE

 

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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.  

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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.