Regulation (EU) 2024/1624 (AMLR) applies directly across all EU member states from 10 July 2027.
How Law Firms Are Getting Client Onboarding Wrong - and What It Costs ↗
What happened
- The article states that AMLR Article 22 requires CDD to use electronic identification methods meeting eIDAS standards.
- The article attributes to draft EBA RTS a requirement for 'Substantial' assurance for standard CDD and 'High' for enhanced due diligence from 2027.
Why it matters to Signicat
- Content targets law firms, a vertical not in Signicat's listed core verticals, with eIDAS-compliant remote onboarding messaging that overlaps Signicat's eID and signing offer.
- The article positions ZealiD's QTSP status and reusable verified identity as the compliant alternative, a direct competitive pitch that does not name Signicat.
Evidence from the source (4 quotes)
- “customer due diligence must now use electronic identification methods that meet the standards set by the eIDAS Regulation (EU) 910/2014.” source ↗
- “identity verification must reach at least "Substantial" assurance level under the eIDAS framework for standard CDD, and "High" assurance for enhanced due diligence scenarios.” source ↗
- “If your firm collects identity documents by asking clients to photograph their passport and email it to a partner, you are not performing remote identification.” source ↗
- “Trust Circle's identity verification, backed by ZealiD's status as a Qualified Trust Service Provider on the EU Trusted List, provides exactly this” source ↗
AML KYB screeningEUDI wallet eIDAS 2Reusable identity VCPositioning narrativeThought leadershipGlobal
3 of 3 facts verified against the source · confidence medium · claude-haiku-5-5