How Reliance Works
A straightforward process for sharing relevant AML/CTF verification information between your agency and Harvey Law Firm.
A Simple Process
Reliance allows the relevant client verification and AML/CTF information completed by Harvey Law Firm to be shared with an eligible real estate agency through the Securexchange / InfoTrack process, where the appropriate arrangements are in place.
1
Agent Requests Reliance
The real estate agent initiates a Reliance request through Securexchange.
2
Harvey Law Firm Completes the Checks
Harvey Law Firm undertakes the required client identification and relevant AML/CTF checks.
3
Report Is Provided
The relevant AML/CTF information is returned to the agent through the Securexchange process.
4
Agent Considers the Information
The agent considers and uses the information in accordance with its own AML/CTF obligations and arrangements.
What Can Be Included?
Verification of Identity (VOI)
Verification of identity details.
PEP checks
Screening for politically exposed persons.
Adverse media checks
Checks for relevant adverse media.
KYC questionnaire
Key client due diligence questions.
Risk assessment
Assessment of relevant AML/CTF risk factors.
Source of funds
Information about the source of funds.
Secure Information Sharing
The Reliance process uses Securexchange / InfoTrack technology to securely share the relevant information between the parties.
Important
Reliance does not remove a real estate agent's AML/CTF obligations. Agents should ensure they have the appropriate arrangements and processes in place and obtain their own professional advice where required.
Ready to Get Started?
Contact Harvey Law Firm to discuss how the Reliance process may work for your agency.