Bank Secrecy Act – CDD & EDD Procedures

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While frontline staff carry out due diligence tasks, it’s the responsibility of the BSA Officer, senior management, and board to design and implement effective CDD/EDD policies. Th is course provides an overview of how to create and apply Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures in line with the Bank Secrecy Act (BSA). These practices help financial institutions identify, assess, and reduce risks tied to illicit activity. Show more