Design and implementation of Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) with PEP screening and sanctions monitoring.
What's included
KYC onboarding workflow design
Standard and simplified CDD procedures
Enhanced Due Diligence for high-risk customers
PEP identification and screening
Sanctions and watch-list screening setup
Ongoing monitoring and periodic review
Frequently Asked Questions
What is the difference between CDD and EDD?
CDD is the standard process of verifying a customer's identity and understanding their activity. EDD adds deeper scrutiny for higher-risk customers such as PEPs, high-risk jurisdictions or unusual transaction patterns.
Do you screen for PEPs and sanctions?
Yes. We implement PEP and sanctions screening against UN, UAE Local and global watch-lists as part of the onboarding and ongoing monitoring process.
Can you implement KYC for an existing customer base?
Yes. We can run remediation and re-KYC programs for existing customers in addition to designing onboarding for new ones.
