Vigilant CDD

Vigilant CDD (Why) In today’s world of increasingly sophisticated criminals, increased penalties for non-compliance, a professional risk intelligence screening tool like VigilantCDD is essential to a client due diligence process, and in combating financial crimes such as money laundering and terrorism financing. Important considerations, including identifying Politically Exposed Persons (PEPs) and checking for current sanctions applicable to proposed or existing clients, must be taken into account. These tools provide crucial information about individuals and entities, their financial history, political affiliations, and criminal records, these help you identify and mitigate the potential risks associated with your clients. By using VigilantCDD you are better placed to meet internal standards set by organizations like the Financial Action Task Force (FATF), local legislation such as Proceeds of Crimes Acts, various Codes related to anti-money laundering and terrorist financing, as well as any regulatory requirements. This ultimately helps prevent financial crimes from occurring within your operations and protects the integrity of the financial system; the jurisdiction; and your business. Vigilant (How) Vigilant CDD Insights is delivered by utilising OSINT data feeds together with Sanctions and PEP screening results. Our D.A.R.T approach ensures that clients can mitigate financial and reputation risks with B2B and B2C engagements. Our team comprises industry professionals with more than 125 years of combined experience working in highly regulated markets both local and International. Vigilant (WHAT) AML / CFT CDD EDD - Standard and Deep Dive Customer onboarding Company document verifications ID verifications / Biometric Address verification Credit checks DBS Pre Employment Checks Mobile Phone – footprinting (verification of owner) (subject to jurisdictional restrictions) Remember to counter financial crime all businesses have to be Vigilant!