News

New robust approach – PoA Schedule 1 Certificate

Mar 21, 2017

Please note that we are taking a more robust approach with regard to the completion of the power of attorney certificate.

You may find therefore that the deed is returned to you so that, what may seem like minor typographical errors or inconsistencies in granter and attorney names, can be corrected prior to registration. Similarly where section 3 is incomplete or where the wrong box is ticked, we will return the documentation so that this can be put right. Incomplete signatory details, including the date of certification will also be a cause to return the documentation.

This firming up of our checking process reflects feedback received from customers whereby external organisations and fund-holders have proved reluctant to deal with the registered power of attorney because of such errors and omissions.