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Risk-Based Client Due Diligence: Five Steps to Identifying and Managing High-risk Customers
As regulators continue their heightened scrutiny of BSA/AML compliance programs, recent enforcement actions indicate an increased focus on the identification of high-risk customers. Many financial institutions have yet to develop effective, efficient customer due diligence (CDD) programs, but a five-step process can help them balance regulatory expectations with internal cost. Download PDF
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