Client due diligence (CDD)

View Practice Compliance by content type:

Latest Practice Compliance News

Featured Practice Compliance content

Precedents
1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
Read More >
9th Nov
Practice notes
Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...
Read More >
9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
Read More >
9th Nov
Precedents
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
Read More >
9th Nov
Precedents
How to use this testThese questions are designed to test your understanding after your attendance at our training on avoiding bribery and...
Read More >
9th Nov
Practice notes
The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its...
Read More >
9th Nov

Most recent Client due diligence (CDD) content

Practice notes
Client due diligence (CDD) is a central pillar of the anti-money laundering (AML)/counter-terrorist financing (CTF) regime. CDD requirements underpin...
Read More >
9th Apr
Practice notes
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692, as amended,...
Read More >
9th Apr
Practice notes
Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...
Read More >
6th Apr
Q&As
STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20 January 2021. It awaits approval by HM Treasury and any content...
Read More >
6th Apr
Q&As
STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20 January 2021. It awaits approval by HM Treasury and any content...
Read More >
6th Apr
Precedents
This table ties together source of funds and source of wealth requirements and recommendations contained in the Money Laundering Regulations 2017 (MLR...
Read More >
6th Apr
Precedents
1Introduction and instructions1.1We must establish the source of funds involved in a transaction in relation to ongoing monitoring (where...
Read More >
6th Apr
Precedents
STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20 January 2021. It awaits approval by HM Treasury and any content...
Read More >
6th Apr
Practice notes
This Practice Note provides guidance on client due diligence (CDD) which is a central pillar of the anti-money laundering (AML) and counter-terrorist...
Read More >
6th Apr
Practice notes
This Practice Note explains your obligations around enhanced due diligence (EDD) and what it means for you in practice. It reflects the Money...
Read More >
6th Apr
Practice notes
As part of your client due diligence (CDD) measures, you must conduct ongoing monitoring of your business relationships.This Practice Note explains...
Read More >
6th Apr
Q&As
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692 came into force on...
Read More >
31st Mar
Practice notes
This Practice Note reflects the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations...
Read More >
31st Mar
Practice notes
This Practice Note is a one-stop shop overseas customer/client due diligence (CDD) resource that saves time and effort by taking you straight to the...
Read More >
30th Mar
Practice notes
Organisations caught by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI...
Read More >
29th Mar
Precedents
Up to date as at [insert date]The Financial Action Task Force (FATF), and the UK government consider the countries in the table below to have...
Read More >
29th Mar
Practice notes
Individuals who have, or have had, a high political profile, or hold, or have held, public office, can pose a higher money laundering risk to firms as...
Read More >
22nd Mar
Practice notes
This document reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval.  Note...
Read More >
4th Mar
Practice notes
What are cryptoassets?One of the hurdles in relation to understanding non-traditional currencies and assets lies in the inconsistent use of language....
Read More >
1st Mar

Popular documents