Ultimate guide to Customer due Diligence
Customer due diligence (CDD) is a key element in helping your firm:
Understand clients and their business
Identify and Verify that their clients are who they say they are
Identify the Money Laundering (ML) and Terrorism Finance (TF) risks inherent to dealing with the client
Adequately monitor the client
Keep in line with both local and international regulations
Identify and subsequently monitor Politically Exposed Persons
