What VOI covers
The ARNECC Verification of Identity Standard: a face-to-face or approved-agent check of identity documents to a set standard, for the parties to a conveyancing transaction, recorded for the registrar.
What AML CDD adds
- Beneficial ownership of companies, trusts and partnerships.
- The purpose of the relationship and, for higher risk, the source of funds.
- A risk rating with reasons, and enhanced due diligence for high-risk clients.
- A review schedule, not a one-off check.
- Records kept for 7 years in a form you can produce to AUSTRAC.
Running both
Use the VOI check as your identity verification step and record it in the AML file with the date and who did it. Then add the AML steps: beneficial owners, purpose, rating, review date. One workflow, two records that agree.
Questions people ask
- Can the VOI agent's report be my AML identification record?
- It can be the evidence of identity verification. Store it, and add the AML fields around it.
Sources
Official AUSTRAC guidance this page was checked against. The date is when we captured the page; AUSTRAC may have updated it since.
- Overview of initial customer due diligence · AUSTRAC, captured 17 May 2026
- Overview of ongoing customer due diligence · AUSTRAC, captured 12 Apr 2026
This guide is general information for solicitors, conveyancers, settlement agents, not legal advice. Check AUSTRAC's current guidance for your situation.