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Prevention of Identity Fraud

By Melissa Higham - 31 Aug 2010

A new bill has been introduced to Parliament this month to help prevent identity fraud. The bill will allow private agencies, such as banks and finance companies, access to the government's database.

Private agencies will be able to check whether identity information given by a customer is consistent with information held by the Department of Internal Affairs.  An agency wanting to use the service will have to obtain the consent of the customer and enter into an agreement with the department.  This service will help agencies comply with the recently enacted Anti-Money Laundering and Countering Financing of Terrorism Act, which imposes greater requirements on agencies to undertake identity checks.


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