CDD Management

CDD (Customer Due Diligence) management involves overseeing and coordinating all due diligence activities within an organization. This includes verifying customer identities, maintaining up-to-date customer records, and addressing CDD alerts or flags. Effective CDD management ensures that due diligence processes are consistent, efficient, and compliant with regulatory requirements.

Strong CDD management practices help organizations reduce the risk of financial crimes, improve customer trust, and demonstrate compliance with AML regulations.