Client due diligence (CDD)

Client due diligence (CDD) guidance:

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 their position may...

Practice Note

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 2018. Its findings...

Practice Note

1 Instructions on completing this form If during the course of completing CDD checks you discover a discrepancy between the beneficial ownership information the client...

Precedents

Instructions for completion When do you have to complete this form? You must complete this form for all new clients[ who are subject to the anti-money laundering (AML)...

Precedents

Instructions for completion When do you have to complete this form? You must complete this form for all new matters[ that are subject to the anti-money laundering (AML)...

Precedents

This Practice Note is a one-stop shop for customer/client due diligence (CDD) resources in the USA that saves time and effort by taking you straight to the relevant...

Practice Note

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 company registry for...

Practice Note

This Practice Note details the challenges that names from different cultures can present to compliance teams when it comes to the customer/client due diligence (CDD)...

Practice Note

1 Introduction Evidence of identity can be obtained in a number of forms and come from a number of sources. Whatever evidence you rely on, it must cause you to be...

Precedents

This table ties together source of funds and source of wealth requirements and recommendations contained in the Money Laundering Regulations 2017 (MLR 2017), as amended...

Precedents

1 General information Client name(s)[Insert client name(s)] File reference number[Insert file reference number] Matter type[Insert brief description of the matter, eg...

Precedents

1 Introduction to this guide 1.1 [Insert firm name] is required by the Money Laundering Regulations 2017, SI 2017/692 (MLR 2017), as amended, to put systems and controls...

Precedents

1 General Date[Insert date]Name and job title of person completing this form[Insert name][Insert job title] Client/matter reference number[Insert number]Conducting fee...

Precedents

This Practice Note lists high-risk third countries identified by the Financial Action Task Force (FATF), HM Treasury and the European Commission as having deficiencies in...

Practice Note

STOP PRESS:The Fifth Money Laundering Directive (5MLD) came into force on 9 July 2018 and EU Member States have until 10 January 2020 to give effect in national law to...

Precedents

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692, as amended by the Money Laundering...

Practice Note

Client due diligence (CDD) is a central pillar of the anti-money laundering (AML)/counter-terrorist financing (CTF) regime. CDD requirements underpin the Money...

Practice Note

Client due diligence (CDD) is a central pillar of the anti-money laundering (AML)/counter-terrorist financing (CTF) regime. CDD requirements underpin the Money...

Practice Note

Client due diligence (CDD) is a central pillar of the anti-money laundering (AML)/counter-terrorist financing (CTF) regime. CDD requirements underpin the Money...

Practice Note

This Practice Note provides guidance on client due diligence (CDD) which is a central pillar of the anti-money laundering (AML) and counter-terrorist financing (CTF)...

Practice Note

This Practice Note explains your obligations around enhanced due diligence (EDD) and what it means for you in practice. It reflects the Money Laundering, Terrorist...

Practice Note

As part of your client due diligence (CDD) measures, you must conduct ongoing monitoring of your business relationships. This Practice Note explains the ongoing...

Practice Note

This Practice Note reflects the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI...

Practice Note

You may apply simplified client due diligence (SDD) measures in relation to particular business relationships or transactions which you determine present a low risk of...

Practice Note

1 [General details of [customer OR client] (private individual) Full name[Insert name] Current address[Insert address] Previous address if address changed in last [six...

Precedents

Third party reliance register Please click here for an Excel version of this register. This Precedent Third party reliance register can be used to record details of third...

Precedents

Instructions for completion Where you are opening a new matter for a new client, you should complete this form together with a new matter form. Please submit the...

Precedents

Instructions for completion Please submit the completed form to [state who] and retain a copy for the matter file. Where you are opening a new matter for a new client, it...

Precedents

This Precedent Politically exposed person—PEP—central list allows you to keep a central record of PEP clients/customers. It can be used to help to assess and monitor the...

Precedents

1 Introduction and instructions 1.1 We must establish the source of funds involved in a transaction in relation to ongoing monitoring (where necessary). 1.2 We must...

Precedents
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