CDD Proof

CDD (Customer Due Diligence) proof refers to the documentation and evidence collected during the due diligence process that verifies a customer’s identity and risk profile. This can include identification documents, transaction records, and any relevant findings from background checks. Maintaining thorough CDD proof is essential for demonstrating compliance with AML regulations and supporting investigations if needed.

Keeping detailed CDD proof ensures that organizations can respond effectively to audits and regulatory inquiries, showcasing their commitment to due diligence and risk management.