Matthew Ray is a Principal at Craig Ray & Associates. He holds as Master of Laws from the University of Queensland (Dean’s Honour Roll commendation). With a keen interest in emerging trends in property law, legal practice and client service models Matthew was on the inaugural QLD PEXA Member Advisory Council, and is an adjunct assessor at the College of Law. Matthew has extensive experience in project management and leadership, and enjoys working on not-for-profit projects. He is also a notary public.
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Recorded Webinars
Recorded Webinar: Verification of Identity: Key Compliance Risks for Property Lawyers (Qld)
The days are long gone when practitioners knew their clients personally and operated exclusively within the borders of their town or State. As a result, the Verification of Identity (VOI) process for participation in PEXA takes on an increased risk, with the onus squarely placed
PRESENTED BY
Matthew Ray
Principal -
Craig Ray & Associates
, Brisbane
Date/Time
About the Webinar
The days are long gone when practitioners knew their clients personally and operated exclusively within the borders of their town or State. As a result, the Verification of Identity (VOI) process for participation in PEXA takes on an increased risk, with the onus squarely placed on property lawyers. This session provides advice on the risks associated with VOI and guidance on compliance obligations, including:
- An overview of the VOI Standard and responsibilities of practitioners and identity agents
- Navigating the right to deal
- The ARNECC Model Participation Rules consultation and compliance statements
- A consideration of what constitutes the “reasonable steps” required for verification
- What are satisfactory alternatives to face-to-face interviews?
- Red flags and risk issues and how to respond
- Potential consequences of inability to inspect hard copy documentation
- The role of third-party agents and associated issues with using them
- Advice for dealing with off-shore purchasers and vendors
- Who is liable in the event of fraud or scams? Will professional indemnity insurance cover you?
- Advice and guidance for achieving VOI compliance
Presented By
Matthew Ray
Principal, Craig Ray & Associates Brisbane, QLDWho Should Attend?
This webinar is suitable for lawyers practising in property law in Queensland. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Lawyers can claim 1 CPD unit/point – substantive law .
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]