eBook on Enhanced Due Diligence for High-Risk Customers

Enhance Due Diligence (EDD) is conducted for customers that have been assessed to pose high-risk for financial crimes during the Customer Risk Assessment (CRA) process.  In the IFSCA (AML, CTF, and KYC) Guidelines, 2022 (IFSCA AML Guidelines), the authorities mandate the Regulated Entities operating in IFSC to conduct EDD of high-risk customers.

To help Regulated Entities conduct smooth and hassle-free EDD, our latest eBook provides practical strategies, and insights into avoiding common slip-ups regulated entities may encounter while conducting EDD.

What’s Inside This Must-Read eBook:

1. Understanding the traits of High-Risk Customer
2. Common Pitfalls to Avoid in EDD
3. Rules and Regulations regarding EDD

This eBook helps Regulated Entities build an efficient and proper EDD framework that is not just about collecting additional information but protects them from financial crime risks posed by high-risk customers.