AML & Compliance
What is enhanced due diligence (EDD)?
An elevated level of customer verification and monitoring applied to higher-risk individuals and entities, such as politically exposed persons (PEPs), customers from high-risk jurisdictions, and those involved in complex or unusually large transactions. EDD goes beyond standard CDD by requiring more detailed information about the source of wealth, the purpose of the business relationship, and ongoing closer monitoring of account activity.
How it works
Example: A private bank onboarding a foreign government official as a client conducts EDD by verifying the official’s declared source of wealth through independent research, requesting additional documentation, and assigning the account to enhanced transaction monitoring with lower alert thresholds.

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Ver Oscilar en acción.
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©2025 Oscilar. Todos los derechos reservados.
AI Risk Decisioning™ and Oscilar™ are trademarks of Oscilar, Inc.

Ver Oscilar en acción.
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Recursos
©2025 Oscilar. Todos los derechos reservados.
AI Risk Decisioning™ and Oscilar™ are trademarks of Oscilar, Inc.

Ver Oscilar en acción.
Fraude
Recursos
©2025 Oscilar. Todos los derechos reservados.
AI Risk Decisioning™ and Oscilar™ are trademarks of Oscilar, Inc.

Ver Oscilar en acción.
Fraude
Recursos
©2025 Oscilar. Todos los derechos reservados.
AI Risk Decisioning™ and Oscilar™ are trademarks of Oscilar, Inc.

