Additional customer controls

Understand when more information and checks are relevant.

• Enhanced customer due diligence

  Select additional measures that address the customer's actual risk and legal triggers.

• Simplified customer due diligence

  Reduced measures require the legal conditions to be met.

• Politically exposed persons and customer checks

  Check PEP type, the person's role in the service and the applicable conditions.

• Source of funds: trace the transaction's money

  Establish how the money for a transaction was obtained.

• Source of wealth: understand how wealth accumulated

  Explain the broader origin of a person's wealth and assets.

• Targeted financial sanctions in customer checks

  Check relevant persons and route possible matches for a controlled decision.

• CDD reliance and outsourced identity checks

  Using a supplier differs from relying on another regulated entity's CDD.