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ECSH33300 | Checking customer due diligence: Contents

From HM Revenue & Customs · Economic Crime Supervision Handbook

During your compliance check, the business should be able to explain their customer due diligence (CDD) policies, controls and procedures and demonstrate to you that the extent of their CDD measures are appropriate to mitigate the risk of money laundering and terrorist financing.

For guidance on the different elements of CDD, see the links below.

Contents28 entries

  1. ECSH33305Testing customer due diligence: what is due diligence?
  2. ECSH33310Testing customer due diligence: when customer due diligence is required
  3. ECSH33311When customer due diligence is required: business relationships
  4. ECSH33312When customer due diligence is required: occasional transactions
  5. ECSH33313When customer due diligence is required: linked transactions
  6. ECSH33314How to convert the currency
  7. ECSH33315When customer due diligence is required: out of scope activity
  8. ECSH33316Politically Exposed Persons
  9. ECSH33320What due diligence measures are required
  10. ECSH33325Testing customer due diligence: confirming customer due diligence measures are appropriate
  11. ECSH33326Identification and verification
  12. ECSH33327The purpose and intended nature of the business relationship or transaction
  13. ECSH33328Testing customer due diligence: customers that are a body corporate
  14. ECSH33329Customers that are a trust or other legal person
  15. ECSH33335Enhanced due diligence
  16. ECSH33336High-risk jurisdictions
  17. ECSH33337Testing procedures in relation to politically exposed persons (PEPs)
  18. ECSH33338High-risk situations
  19. ECSH33339Unusually large and unusually complex transactions
  20. ECSH33345Simplified due diligence
  21. ECSH33356Documentary evidence
  22. ECSH33357Electronic verification
  23. ECSH33358Source of funds and source of wealth
  24. ECSH33370Targets of UK sanctions regimes
  25. ECSH33375Ongoing monitoring
  26. ECSH33380Checking customer due diligence: timing of verification
  27. ECSH33385Requirement to report discrepancies in registers and obligations on corporate bodies and trustees
  28. ECSH33390Requirement to cease transactions