CDD Review

A CDD (Customer Due Diligence) review is the periodic assessment of a customer’s profile and activities to ensure that their risk status has not changed and that they remain compliant with the organization’s policies and regulatory requirements. This review involves re-examining customer information, monitoring transaction patterns, and updating risk assessments as necessary. Conducting regular CDD reviews helps organizations detect potential red flags and maintain up-to-date customer data.

CDD reviews contribute to a proactive approach in preventing financial crimes and demonstrate a commitment to regulatory compliance.