Episode 4 | Enhanced Due Diligence explained | The Washup

Following on from episode 3 where we explored Customer Due Diligence we take a deep dive into Enhanced Due Diligence / EDD. We explain what the difference is between PEPs and sanctions, why EDD isn't just limited to PEPs and some of the common mistakes we see businesses make everyday. We also mention the FATF high-risk country list which you can find here: https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Increased-monitoring-june-2022.html You can also find our own PEPs and Sanctions guide right here: https://credas.co.uk/resources/peps-and-sanctions-guide/