Customer Due Diligence definition

Customer Due Diligence. (CDD) means a process which involves establishing the identity of a client, the identity of the client’s beneficial owners in respect of legal persons and monitoring all transactions of the client against the client’s profile;
Customer Due Diligence. (CDD) means "Client Due Diligence" as defined under rule 9 of the Rules and the amendments thereto.
Customer Due Diligence means the measures prescribed by the Money Laundering Regulations 2007 or any other Applicable Law;

Examples of Customer Due Diligence in a sentence

  • Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12.

  • CLIENTS’ RESPONSILBILITIES When entering into the Management Agreement clients are expected to co-operate with Form-A-Co and to keep Form- A-Co informed in respect of the following matters: • To promptly provide to the Compliance Department any additional documentation and information as may be required from time to time as part of the Know Your Customer / Customer Due Diligence procedure.


More Definitions of Customer Due Diligence

Customer Due Diligence or “CDD” means.-
Customer Due Diligence the process we are required to go through to verify the identity of our Customers;
Customer Due Diligence means personal documentation supplied by you to us to confirm your name and current address, in order to meet our regulatory requirements.
Customer Due Diligence means customer due diligence as defined in section 1 of the Financial Intelligence Act;
Customer Due Diligence means the steps which a financial services business is required to carry out pursuant to regulation 4(3),
Customer Due Diligence. (CDD) means identifying and verifying the customer and the beneficial owner.
Customer Due Diligence means a process which involves establishing the identity of a client, the identity of the client’s beneficial owners, understanding the ownership and control structure of the client in respect of legal persons and trusts, obtaining information on the purpose and intended nature of the business relationship [and monitoring all transactions] of the client against the