The JFSC said:- CDD & ELECTRONIC UTILITY BILLS
06/12/2021
Q1
With the rise of fintech banks (Monzo, Revolut etc.), and if we do not have reasonable suspicion that a document has been tampered with, do we still need to request a further utility bill to corroborate this information?
- JFSC say
- Where you have no suspicions about the integrity and accuracy of the electronic statement, then no further corroboration would be required.
Q2
When verifying an electronic utility bill, would a second electronic bill be acceptable?
Or even a non-certified second document?
- JFSC say
- The additional corroboration should be sufficient to give you comfort regarding the accuracy of the information contained within the electronic statement.
- A further, non-certified electronic statement is unlikely to be sufficient.
Source
as shown here:
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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.