Another fine. Another firm caught out by the Money Laundering Regs 2017
The Standard CDD Corporate Checklist focuses on the core elements required when onboarding corporate clients, including:
Entity identification and verification
Ownership and control
Directors and controllers
Source of funds and source of wealth
Purpose of the relationship and expected activity
Sanctions, PEP, and adverse media screening
Risk assessment, approval, and post‑onboarding monitoring
Law Firm Compliance Toolkit
The Standard CDD Corporate Checklist focuses on the core elements required when onboarding corporate clients, including:
Entity identification and verification
Ownership and control
Directors and controllers
Source of funds and source of wealth
Purpose of the relationship and expected activity
Sanctions, PEP, and adverse media screening
Risk assessment, approval, and post‑onboarding monitoring
Free Standard CDD Checklists: A Practical Guide for Corporate and Individual Client Onboarding
The Standard CDD Corporate Checklist focuses on the core elements required when onboarding corporate clients, including:
Entity identification and verification
Ownership and control
Directors and controllers
Source of funds and source of wealth
Purpose of the relationship and expected activity
Sanctions, PEP, and adverse media screening
Risk assessment, approval, and post‑onboarding monitoring