CDD Memo

A CDD (Customer Due Diligence) memo is a written document that summarizes findings, concerns, or recommendations related to a specific due diligence investigation. Memos may include details about customer risk factors, flagged transactions, or decisions made during the due diligence process. CDD memos help document the rationale behind compliance actions and provide a clear record for future reference.

Maintaining CDD memos supports transparency and demonstrates thorough documentation practices, which are important for audits and regulatory reviews.