At Compliance & Forensic Services Caribbean, we specialize in assisting institutions with Customer Due Diligence (CDD)—a fundamental process for complying with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations. Known as the ‘Know Your Customer’ (KYC) principle, CDD requires service providers to legally conduct and document a thorough client inquiry before establishing a business relationship.
Our CDD services focus on:
- Customer Identification: Confirming the identity of clients and understanding their profiles.
- Ultimate Beneficial Ownership (UBO) Insights: Identifying the individuals who ultimately own or control the entity.
- Politically Exposed Persons (PEPs): Screening for individuals with heightened risk due to their political or public roles.
- Sanctions List Monitoring: Consulting global and regional sanctions databases to mitigate risks.
We leverage a risk-based approach to align our investigations with your institution’s specific needs and regulatory requirements. By outsourcing your CDD processes to Compliance & Forensic Services Caribbean, you gain the confidence of knowing your institution complies with all relevant regulations and best practices.
