AML/CFT Forms
Please Perform The Following Before and After Closing A Transaction
1. Customer Due Diligence (CDD)
- Identify and verify clients’ identity
- Identification of beneficial owners (for corporate clients)
- Verification of purpose and intended nature of business relationship
- Ongoing monitoring of transactions and relationships
- Prohibition on anonymous or fictitious clients
2. Risk Assessment
- Client risk classification (e.g., Low / Medium / High)
- Geographic risk indicators (e.g., high-risk countries)
- Property risk (e.g., luxury, commercial, or overseas property)
- Source of funds/wealth checks for high-value transactions
3. Enhanced Due Diligence (EDD)
- Mandatory EDD for high-risk clients and PEPs
- Collect additional information (e.g., SOF/SOW)
- Enhanced ongoing monitoring procedures
4. Record Keeping
- Retention of all CDD and transaction records for 5 years