This video is a continuation of Conducting Customer Due Diligence (Part 1). Please watch Part 1 before viewing this video. 

Applying Customer Due Diligence (“CDD”) requirements in practice can be challenging, particularly where client ownership structures are complex, higher-risk factors are present, or suspicious indicators arise during the course of an engagement. 

Part 2 of this e-learning module provides practical guidance on applying a risk-based approach to CDD. Through case studies and real-world examples, learners will learn how to identify beneficial ownership and control, assess client risk, apply appropriate CDD measures, recognise red flags, and comply with ongoing monitoring and record-keeping obligations. The module equips practitioners with the practical tools needed to manage higher-risk situations and maintain compliance throughout the client relationship. 

Keywords: Risk-Based Approach, Beneficial Ownership, Enhanced Due Diligence, Risk Assessment, Ongoing Monitoring