Course Description
Enhanced Due Diligence (EDD) is where examiners often push hardest, especially around high-net-worth individuals, politically exposed persons (PEPs), and higher-risk entities. This course focuses on one of the most challenging aspects of EDD—corroborating net worth and sources of wealth. We’ll cover regulatory expectations, practical methods for verifying information, and how to balance privacy, compliance, and documentation needs. Attendees will walk away with practical techniques to strengthen their EDD program and reduce regulatory scrutiny.

Who This Is Designed For:
Compliance officers, AML analysts, and due diligence teams at banks, fintechs, and MSBs.

Agenda

• Regulatory requirements for EDD in high-risk cases

• Practical tools and methods for verifying net worth and source of wealth

• Detecting inconsistencies and escalation best practices

• Documentation standards that satisfy regulators

• Integrating advanced EDD into ongoing monitoring programs

By the end of this webinar, you will know how to:

• Verify customer net worth and source of wealth effectively

• Spot and escalate red flags in wealth documentation

• Document EDD processes for examiner review

• Strengthen your EDD program for high-risk customers