The AML/CFT Act 2009 (The Act) came into effect on 30 June 2013. Southern Cross Partners is legally required to confirm the identity of its customers and any person acting on behalf of the customer.
In the case of Investors. Section 11 of The Act requires us to conduct customer due diligence on:
The information required to identify the person(s) is:
The following only, if relevant:
Electronic Verification
Most customers with a New Zealand or Australian issued ID will be eligible to confirm their identity electronically. This means we can send you a text message with a link for you to enter either your Passport or Drivers Licence information and your address details. Your ID should be current (not expired).
These details are then verified against Government databases. This process requires you to take some photos of your face and ID, to prove that it belongs to you. The process is simple and easy to use, but please call us if you have any issues. Not all customers will be able to use this method, and we will be in touch if we require more information.
Note: We use AplyID (aplyid.com) to process Electronic Verification applications. Your data will be treated confidentially and no information is stored on the AplyID website.
Paper Verification
Your ID should be current (not expired) and original and at least one form of ID needs to contain a photo. The ID provided must be a certified copy of the original and the person certifying must sight the original documentation and make a statement as follows:
"I certify this [document] to be a true copy of the original, which I have sighted, and the photo represents a true likeness of [the person presenting the document to me for certification] OR [customer's name]."
A list of Acceptable Persons and information on what constitutes acceptable identification documents can be found in the next section below.
Please note regardless of which identification option you choose, we require both the application form and the AML form to be physically signed in pen, by all parties (not electronically), and returned to us.
One of the following (Primary photographic):
OR, NZ Drivers License PLUS one of the following:
OR, One form of primary non-photo ID:
AND, One form of secondary photo ID:
Important Notes:
(1) Certification must include the name, occupation and signature of the person certifying and the date of certification.
(2) The person certifying must sight the original documentation and make a statement to the effect that documents provided are true copy and represent the identity of the named individual as follows:
"I certify this [document] to be a true copy of the original, which I have sighted, and the photo
represents a true likeness of [the person presenting the document to me for certification] OR
[customer's name]."
(3) Certification must have been carried out in the three months preceding the presentation of the copied documents.
*When certification occurs overseas, copies of the international identification provided by a customer resident overseas must be certified by a person authorised by law in that country to take statutory declaration or equivalent in the customer’s country.
