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Enhanced Due Diligence

Anti-money laundering regulations and legislation (such as the EU Money Laundering Directives and the US PATRIOT Act) require institutions to identify clients who may pose a high risk of money laundering, and to conduct further research on these clients to better assess the risks they pose - imposing serious penalties for those who fail to do so. Our team is frequently engaged to conduct this Enhanced Due Diligence (EDD), assisting our clients in meeting their regulatory requirements.

What we do

Our enquiries are most frequently focused on potential clients who are located, or have developed their wealth, in higher-risk developing markets or who are classified as a politically exposed person (PEP). Our EDD work can assist our clients in better understanding;

  • The background of a client;
  • The way in which wealth was generated;
  • Their political role/connections (and any benefit derived from them); and
  • Association with ‘red flag’ issues such as criminal activity and terrorist financing.

For further information, please contact Emma Codd, or call 020 7936 3000.

Research and insight

  • EDD credential case study
    Our client, a Western bank, was considering a new client relationship with a high net worth individual in the Middle East.

Useful links

  • Meet the team
  • Case studies
  • Research & publications
  • In the press
  • Careers

Highlights

  • Awards
    Read our recent credentials.

Find out more

Anti-Money Laundering

Key contact

Emma CoddEmma Codd
Partner, Forensic and Dispute
Services, Tel: 020 7936 3000

 

 

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