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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Enhanced Due Diligence (updated)
Purchase this policy: Anti-Money Laundering Policy
Change Date : 16/07/2025 | Word Count: 392 | Deployment Measure : 8/10
Rationale:
Enhanced due diligence (EDD) must now be applied in any situation where the transaction is either complex or unusually large. Previously, EDD only needed to be applied where all of the criteria applied.
We must carry out ‘enhanced due diligence’ in any case where in any situation where the transaction is either complex or unusually large. The law includes the following risk indicators:
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