Fintech Belgium - Meetup on Compliance / KYC - Remy Knecht - Itsme - Belgian Mobile ID Aml

1. A digital society
needs a digital ID
AML
Remy Knecht | Head of Delivery & Operations | Belgian Mobile ID

2. is a consortium of Belgium’s leading
banks and mobile network operators
who have joined together to create the
Belgian reference for mobile identity
and digital privacy.
Belgian Mobile ID
respects the guidelines provided by
PSD2

3. e-Government
Telecom & utilities
Finance & insurance
HR & interim
Health
Mobility, Travel & hospitality
Media & entertainment
Retail & e-commerce
IoT & e-Services
Non profit
ID registrars deliver
trusted identity
security
by Telecom Operators
BelgianMobileIDimposesaclear
codeofcommitment

4. Our Services
4 strong enablers for every
process digitalization project
Sign up
Log in
Confirm
Sign

5. In 18 months an impressive series of milestones was achieved,
leading to itsme®
in its current shape
… 07 … … 05 06 07 08 09 10 11 12 … 09 10 11 12
2018
2017
2016
IDENTITYCONSORTIUM
SETUP of the
ECOSYSTEM
SECURITY
CERTIFICATION &
ACCREDITATION
REGULATORY &
COMPLIANCE
Law
De Croo
Law
Jambon
ACCREDITED
by BE-gov

6. Numbers of itsme®
users 2017-2018
05 06 07 08 09 10 11 12 01 02 03 04 05 06 07 08

7. visitor statement
• no more form to fill in
• easy onboarding of
clients
• 100% accurate data
• verified ID
• replaces KYC process
• transparent
Share ID with itsme®
event
eRetail
pharmacy
holiday booking
insurance
KYC
moving
gambling
sharing economy

8. car rental
banking
university
medical records
delivery box
eRetail
security camera
news bike rentalenergy
fitness club
Login with itsme®
• 1 single login for all
touchpoints
• strong authentication
within 1 app
• always the same easy
process at different
partners

9. transfer medical rec. booking
time sheets
driving lessons
birth
movie on demand
payment
LOA
eGov
help desk
donation
• no more card readers
• easy and fast
confirmation of orders
• secure approval
Confirm with itsme®

10. passport statement
notary
buy a house
leasing
hotel booking
insurance
become client
contract
credit card
time sheets
• easy and fast signing
of documents
• legal equivalent of
handwritten signature
Sign with itsme®

11. Guidance can be found on the NBB AML/CTF dedicated webpage
The AML applicable rules are contained in
• the law of 18 September 2017 on the prevention of
Money Laundering and terrorist financing and on the
restriction of the use of cash (AML Law)
• the Regulation of the National Bank of Belgium (NBB) of
21 November 2017 on the prevention of of Money
Laundering and terrorist financing (NBB AML
Regulation)
KYC obligations under the AML laws and regulations
KYC requirements

12. ID verification of an itsme®
user
Self-enrollment with eID & PINEnrollment through ID registrar

13. The itsme® solution allow the Service Provider to receive all elements of the identity data required
under the Belgian AML Legal Framework
Required elements and itsme®
compliancy
Rule
standard customer due diligence
itsme® solution
description of data available to the SP
Information necessary for the
identification
• First name
• Last name
• Date of birth
• Place of birth
• Where possible, address
Core Identity data:
• Given names
• Last name
• Date of birth
• Place of birth
• Legal address of principal residence
• Gender
• Nationality
• eID card number
Other data:
• Phone number
• Email address (where available)

14. • On the basis of document(s) and/or information from a
reliable source
• From strict rules to risk based approach (global
evolution)
• The use of e-identification means and trust services
under the eIDAS Regulation for the purposes of ID
verification is becoming generally accepted by the
regulators (draft AMLD5)
• A new Belgian guidance published on 22/5/2018
explicitly recognizes eID means as an acceptable ID
verification means
Verification of identity data - evolution of AML regulation

15. a smarter way to be you