Anyone know more about this BT "uk identity verification" scheme?

[Ken Brown]

Roland Perry wrote:
> 
> In message <3E6718B8.ACCE61AF@ccs.bbk.ac.uk>, Ken Brown
> <k.brown@ccs.bbk.ac.uk> writes
> >The utility bill establishes a reputation. And
> >that's all the bank care about really.
> 
> I'm not so sure. These are money-laundering requirements, which crop up
> in the context of proving your identity.

But they aren't the bank's requirements. From their POV they are just
overheads.