Regulation
Articles
Apr 28, 2020
Good Practice Guide (GPG) 45
At the end of 2019, the GPG (Good Practice Guide) 45 was updated by the GDS (UK Government Digital Services). The guidance on how to check and verify someone’s identity now reflects new methods, such as reading the biochip in ID documents, such as an e-passport. The GPG 45 is also technology neutral as it is out-comes focused, rather than process-focused. As a digital identity provider, we help organisations meet low and medium levels of assurance when checking identity, and we can also support organisations that need to meet a high level. We’re looking forward to the imminent publication of the
Articles
Jan 14, 2020
The Fifth EU Money Laundering Directive is arriving in the UK - here are a few things you need to know.
The Government’s amendments to the Money Laundering and Terrorist Financing Regulations (MLR) are coming into force. This is the result of the transposition of the EU’s Fifth Money Laundering Directive, as well as a set of standards set by the Financial Action Task Force (FATF). These amendments extend the obligations to meet the MLR requirements to other sectors, which means that they will be obliged to perform ‘Know your Customer’ (KYC) checks and potentially monitor certain transactions. For example, cryptoasset activities will now fall under the scope. Furthermore, businesses will also need to consider new high-risk factors when determining whether
Articles
Nov 01, 2019
The UK's "unwavering commitment to protect young people online" falls by the wayside
The government decision to stall age verification system for adult content sites has baffled us here at Yoti. Yoti has developed tech to help organisations who want to check age to protect people online. We are a global leader in this area, having performed over 200 million age estimates with companies across a number of sectors from social media live streaming, to dating and classified sites. We are working with the social networking app Yubo to make their young community safer, with DateID to allow people to create verified profiles and over the past years we have been working
Articles
Apr 17, 2019
The Digital Economy Act and age verification on adult websites: the facts
What is the Digital Economy Act? The Digital Economy Act is a law introduced by the UK government that includes measures to prevent children from accessing pornographic content online. Age verification is a child protection measure, introduced as part of the government’s ambition to make the UK the safest place to be online. When does the Digital Economy Act take effect and who does it apply to? From the enforcement date, on 15th July 2019, anyone who wants to access a UK adult website will be required to prove they’re 18 or over. Does the Digital Economy Act apply to
Articles
Apr 12, 2019
New regulations to tackle underage online gambling
Last year, a Gambling Commission audit found that an astounding 55,000 British children aged 11-16 year olds were classed as problem gamblers. The results also revealed that up to 450,000 11-16 year olds gambled on a regular basis. While the problem exists across offline and online gambling, the growing nature of the online sector makes it imperative for there to be more safeguards in place. As of 2018, The UK Gambling Commission (UKGC) reported that the market’s revenue hit £14.4 billion, of which £5.3 billion came from online gambling. When it comes to identity and age verification for gambling customers,
Articles
Jul 23, 2018
Getting to grips with GDPR: The right to data portability
The seventh article in our series on GDPR rights is about the right to data portability. Catch up on previous articles about your right to be informed, the access right, correction right, deletion right, objection right, restriction right. Part 7: The right to data portability This is a new right under GDPR and its aim is to allow individuals to be able to easily get back certain personal information so they can do other things with it, or give it to another company. There are two aspects to the right: The right to get back some information. The right