Identification requirement

The Legal Group Advocaten acts in accordance with the Dutch Prevention of Money Laundering and Terrorist Financing Act (Wwft) which came into force on 1 August 2008. This law replaces the Dutch Personal Identification (Services) Act and the Dutch Disclosure of Unusual (Financial Services) Transactions Act.

The Wwft contains the obligation to identify the client and any interested parties (client study) for certain services as well as the obligation to report (planned) unusual transactions to the assigned centre.

Natural persons can be identified by means of a valid passport, driving licence or ID. Legal persons are identified using an extract from the trade register of the Chamber of Commerce and identification of the representative of that legal person.

For further information, please visit the website of the Nederlandse Orde van Advocaten. You may also get in touch with your contact person at The Legal Group Advocaten.