Assertion: enhanced diligence | /r/HasProperty | edd
Facets:
Source sentences:
text: To translate: Don’t forget to perform Customer Due Diligence (CDD) or Enhanced Due Diligence (EDD) to make sure you Know Your Customer (KYC)!
text: Sometimes, Enhanced Due Diligence (EDD) is needed –
text: In a guest post by Michael Volkov regarding KYC due diligence best practices, he notes factors to consider if a potential account requires enhanced due diligence (EDD) includes:
text: Factors to consider if a potential account requires enhanced due diligence (EDD) includes:
text: If an account type or account owner has a higher risk of money laundering or terrorist funding, then it’s subject to enhanced due diligence (EDD).
text: If the CDD inquiry leads to a high risk determination, the bank has to conduct an Enhanced Due Diligence (“EDD”).
text: Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) are the cornerstones of effective customer risk management.