Holder verification overview

Verification is generally performed on the contacts that make up a holder. At the holder level, the verification status of the contacts is used to determine the overall verification statuses of the holder.

Verifying contacts

For all contact types you can do Wholesale client or Sophisticated investor verification, AML/CTF verification through GreenID, and set an Identity status

For all entity types, you can do an ABN or ACN lookup through the Australian Business Register, except for Superfunds, for which you can do a Superfund lookup through the ATO.

For Individual contacts, you can do a PEP and sanctions watchlists screening through GreenID. You can also set a PEP status and a source of wealth status.

Verification of contacts is managed in the contact details page Verification section. Click the links in the table below for further information on each verification type. A quick view of the verification statuses of the contact can be seen in the contact details page header status indicators.

*Australia and New Zealand only
**Non-super funds
***Super funds

Verifying holders

The verification statuses of a holder can be seen in the status indicators in the header of the holder details page. Most holder verification statuses are determined by the statuses of the contacts that make up the holder. The exception is AML risk, which is set manually on the holder details page.

See Managing holder statuses for more information. 

AML/CTF verification centre

You can get a client-wide overview of the verification status of all your contacts in the client centre AML/CTF verification centre.