CDD Step

A CDD (Customer Due Diligence) step refers to an individual action within the broader due diligence process. This can include verifying customer identity, conducting background checks, assessing risk, or monitoring transactions. CDD steps are clearly defined to ensure consistency in compliance practices and adherence to regulations.

Breaking down the CDD process into manageable steps helps organizations standardize their approach and streamline their due diligence operations, making it easier for compliance teams to follow protocols effectively.