In January 2020 the Government introduced Anti Money Laundering (AML) measures which legally require auction houses to conduct due diligence on buyers and sellers who exceed the threshold of 10,000 Euros. As part of our legal requirement, we conduct thorough Client Due Diligence (CDD) and Know Your Client (KYC) checks on all our clients, new and existing which include identity verification.
We are required by law to verify the identification of any individual buyer's and sellers full name, date of birth, and permanent address. A copy will need to be taken of a valid government issued photo ID and proof of permanent residential address. If items are purchased on behalf of a company, we will need to have company details including evidence of incorporation, directors and any ultimate beneficial owners.
We will ask for two forms of ID, one from each list below.
Photographic evidence of identity:
Evidence of Residence:
The information you provide will be held and processed by us in accordance with Data Protection Regulations and will remain confidential. Please see our Privacy Notice for more details on how your personal information will be used.