Covered in this Briefing Note:

Many firms see customer due diligence (CDD) as a burdensome regulatory requirement, but it is vital as so much more than a compliance exercise – it really is the first line of defence against financial crime and can have a truly tangible effect on preventing global illicit activity that affects individuals, societies and the environment, including modern slavery, human trafficking, the illegal wildlife trade, and drug crimes.

Admittedly, untangling the different regulatory requirements and levels of scrutiny required for various risk factors can seem a daunting task, but in our best practice guide, Themis helps you break the CDD process down into its constituent elements. We delineate how and when to conduct CDD and advise how to proceed when CDD reveals grounds for suspicion.