SEPBLAC is the Spanish Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offenses. SEPBLAC certification proves that NeoCheck’s Onboarding KYC procedure complies with Spanish Law 10/2010, of April 28. This law prevents money laundering and financing of terrorism, being in accordance with SEPBLAC procedure authorizations.
“NeoCheck authentication service gives our clients flexibility and cost savings, while maintaining the high levels of security necessary to guarantee access to confidential data and applications,” explains Pablo Quevedo, Manager of Operations and IT infrastructure at SUMA Mexico.
Under article 21.1 of Law 10/2010, of April 28, on the prevention of money laundering and terrorist financing, Sepblac has authorized the use of video-identification procedures for clients. Specifically in non-face-to-face operations subject to the minimum specifications established in the document Authorization of video-identification procedures. Said authorization will be effective from June 1, 2017.