Anti-Money Laundering News and Insights

When it comes to anti-money laundering (AML) obligations, not all clients present the same level of risk. While most can be onboarded using standard Customer Due Diligence (CDD), there are situations where regulators expect you to go further. This is where Enhanced Due Diligence (EDD) comes in.

Customer Due Diligence (CDD) Outsourcing means handing over some or all your CDD to a trusted partner. Instead of managing the process entirely in-house, you can collaborate with experts on things like onboarding checks and risk-rating to ongoing monitoring and record keeping.