IDENTIFICATION REQUIREMENTS

In certain situations, lawyers and notaries are obliged to ascertain and verify the identity of clients or, if appropriate, to identify the ultimate party concerned. This results from a Dutch law for the prevention of the use of the financial system for money laundering and the financing of terrorism, a law which is introduced as a result of a European guideline. Based on this law, lawyers and notaries are in certain cases obliged to report unusual transactions to a central authority.
The way in which client investigation should be performed and the profundity of the investigation depend on various circumstances, among which the present domicile or residence of the client and the nature of the services provided by Lexence.

As a rule Lexence will require identification, which has to do with the fields in which Lexence is usually active. A file might change with the nature of its activities, and by that alter the claims the law demands concerning the verification of the client’s identity. Should you have any questions concerning this law you may turn to the person at Lexence who acts in your interest.