To help avoid retrospective remediation on CDD ensure: You are reviewing your due diligence processes, and gathering the correct identifying information on your customer, the beneficial owner(s), and any person acting on behalf of your customer. You determine the risk level of every customer, verify information, and understand the nature and purpose of the proposed business relationship. You keep comprehensive records, maintain these records, regularly review and respond to changes in your customers’ circumstances. This by no means covers everything which should be included in due diligence, but make sure you get it right as you can be sure regulators will justifiably be expecting this to be near perfect. Read more on remediation and how to deal with it.