Enhanced due diligence in bankingĀ
Productivity Land
APRIL 6, 2023
Enhanced Due Diligence (EDD), also known as Politically Exposed Person (PEP) screening, is a process that banks and other financial institutions must use to identify the risk associated with doing business with foreign individuals. The FATF Secretariat is hosted by the OECD in Paris, France.
Let's personalize your content