Customer due diligence (CDD)

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Practice notes
Dawn raid—who can raid my organisation and why?IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation...
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Produced in partnership with Michael Potts of PCB Byrne 19th May
Practice notes
Conflicts of interest, confidentiality and disclosure 2019—in-house lawyersThe SRA Code of Conduct for Solicitors, RELs and RFLs (Code for Solicitors)...
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19th May
Practice notes
Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
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Produced in partnership with Adam Cygan of University of Leicester 19th May
Precedents
1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
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19th May
Practice notes
High-risk third countries trackerOrganisations caught by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...
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19th May
Practice notes
Active bribery, passive bribery and bribing foreign public officialsThe purpose of this Practice Note is to provide a general understanding of the...
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Produced in partnership with Joanne Kane of Carmelite Chambers 19th May
Practice notes
Money Laundering Regulations 2017—simplified due diligenceYou may apply simplified customer due diligence (SDD) measures in relation to particular...
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19th May
Practice notes
Proceeds of Crime Act 2002—key information for businessesThe Proceeds of Crime Act 2002 (POCA 2002) came into force on 24 February 2003. It applies to...
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19th May
Practice notes
Brexit legislation trackerThis Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the...
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19th May
Practice notes
Tipping-off and prejudicing an investigationThere are several offences of tipping-off and prejudicing an investigation that apply to the regulated...
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19th May
Precedents
In briefThis precedent links to: •a template created by the UK Information Commissioner’s Office (ICO) of the ‘Set II’ or ‘2004’ EU Standard...
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19th May
Practice notes
Introduction to retained EU lawThis Practice Note provides an introduction to retained EU law. It provides an overview of the key definitions and...
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Produced in partnership with Dr. Kieran Laird of Gowling WLG 19th May
Practice notes
SRA Code of Conduct for Solicitors, RELs and RFLs—for in-house lawyersThis Practice Note provides guidance for in-house solicitors on the SRA Code of...
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19th May
Precedents
1IntroductionThis financial sanctions policy is designed to ensure we comply with applicable financial sanctions laws made under the UK sanctions...
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19th May
Practice notes
Getting the Deal Through: Merger Control 2021Jurisdictions coveredThe following jurisdictions are covered in this report:Albania; Australia; Austria;...
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19th May
Practice notes
Working with European lawyers—the Registered European Lawyer (REL) regimeAt 11 pm (GMT) on 31 December 2020, the Brexit transition/implementation...
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19th May

Most recent Customer due diligence (CDD) content

Q&As
Given that we cannot rely solely on the PSC registers maintained at Companies House for CDD purposes, what else, in practical terms, can we use to...
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24th Sep
Practice notes
High-risk third countries trackerOrganisations caught by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...
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24th Sep
Practice notes
The risks of cryptoassets from a financial crime, money laundering and terrorist financing perspectiveWhat are cryptoassets?One of the hurdles in...
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24th Sep
Precedents
Guide to beneficial ownership for staff1Introduction to this guide1.1[Insert organisation name] is required by the Money Laundering Regulations 2017,...
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22nd Aug
Precedents
CDD customer risk assessment form1When to use this formYou must complete this form for every:1.1new customer[ who is subject to the anti-money...
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22nd Aug
Precedents
Source of funds/wealth investigation record1Introduction and instructions1.1We must establish the source of funds involved in a transaction in...
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15th Aug
Precedents
Money Laundering Regulations 2017—third party reliance arrangementFor private individuals, complete section: 1.For corporate entities, complete...
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15th Aug
Precedents
High-risk ongoing monitoring form1GeneralDate[Insert date]Name and job title of person completing this form[Insert name][Insert job title][Customer OR...
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15th Aug
Precedents
Establishing the source of funds and source of wealth—guidance table for staffThis table ties together source of funds and source of wealth...
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15th Aug
Precedents
Politically exposed person—PEP—central listThis Precedent Politically exposed person—PEP—central list allows you to keep a central record of PEP...
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15th Aug
Precedents
Money Laundering Regulations 2017—third party reliance registerThird party reliance register.This Precedent Third party reliance register can be used...
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15th Aug
Precedents
CDD beneficial ownership discrepancy report form1Instructions on completing this formIf during the course of completing CDD checks you discover a...
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15th Aug
Practice notes
CDD requirements and resources for companies in the United States of AmericaThis Practice Note is a one-stop shop for customer/client due diligence...
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15th Aug
Practice notes
AML and counter-terrorist financing—politically exposed persons—PEPsIndividuals who have, or have had, a high political profile, or hold, or have...
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15th Aug
Practice notes
AML and counter-terrorist financing—source of funds and source of wealthSource of funds and wealth was a key focus of the SRA’s Preventing Money...
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15th Aug
Q&As
Does the obligation to report a discrepancy about a beneficial owner on the person with significant control register by an obliged entity extend to...
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15th Aug
Q&As
Do we have to conduct client due diligence on all shareholders of corporate clients?Client due diligence (CDD) entails:•identifying the...
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15th Aug
Practice notes
CDD resources for overseas companiesThis Practice Note is a one-stop shop overseas customer/client due diligence (CDD) resource that saves time and...
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15th Aug
Practice notes
Money Laundering Regulations 2017—relianceThis Practice Note reflects the requirements of the Money Laundering, Terrorist Financing and Transfer of...
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13th Aug
Practice notes
Money Laundering Regulations 2017—CDD and beneficial ownershipThe Money Laundering, Terrorist Financing and Transfer of Funds (Information on the...
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13th Aug

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