What are the sources of information for identifying PEPs?

May 5, 2018 ... Assess the bank's compliance with the regulatory requirements for customer due diligence (CDD). The cornerstone of a strong BSA/AML compliance ... May 5, 2018 ... Assess the bank's compliance with the regulatory requirements for customer due diligence (CDD). The cornerstone of a strong BSA/AML compliance ... Customer due diligence is the processes used by financial institutions to collect and evaluate relevant information about a customer or potential customer. It ... FC-1 Customer Due Diligence Requirements · Verification of Identity and Source of Funds · Verification of Third Parties · Anonymous and Nominee Accounts ... Customer Due Diligence (CDD) is the process of verifying a customer's identity and performing a risk assessment of conducting business with this individual or ... If you are asked to provide additional CDD information and you have questions, you may contact the Customer Due Diligence Department at 1-866-461-9383. If you ... CDD is the process through which you develop an understanding of your customers, and the money laundering and terrorism financing (ML/TF) risks they pose to ... Jul 6, 2022 ... The statement addresses the agencies' perspective on assessing customer relationships as well as customer due diligence requirements. Dec 21, 2020 ... The CDD measures to be taken are as follows: (a) Identifying the customer and verifying that customer's identity using reliable, independent source documents, ... Aug 2, 2023 ... CDD is a process that financial institutions and other regulated entities employ to verify their customers' identities and assess their risk profiles.