Mastering Risk-Based Customer Due Diligence & EDD

Mastering Risk-Based Customer Due Diligence & EDD

Strengthen Your AML Compliance with Practical Risk-Aligned Due Diligence Strategies

Money laundering continues to threaten global financial systems, enabling the movement of illicit funds and undermining trust in institutions. In the United Kingdom (UK), robust Anti-Money Laundering (AML) measures are essential for regulated businesses—and at the core of those measures is a well-structured Risk-Based Approach (RBA) to Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD).

This course focuses specifically on the application of CDD and EDD practices based on risk profiling, as required by UK AML regulations. It will equip you with the knowledge and tools to evaluate customer risk, conduct appropriate due diligence, and report suspicious activity with confidence.

The Urgency of AML and Due Diligence

Global statistics show the scale of the challenge:

• Over $800 billion to $2 trillion is estimated to be laundered globally each year—equal to 2–5% of global GDP (UNODC).

• In 2019 alone, 60.5% of all financial penalties on banks were related to AML violations.

Criminals frequently use complex schemes to disguise the origins of illicit funds—from organised crime and drug trafficking to fraud and illegal arms trading. The goal of due diligence is to identify these activities before they can infiltrate the financial system.

What You’ll Learn

This course is designed to give professionals a practical understanding of how to apply CDD and EDD based on the assessed risk level of customers, transactions, and business relationships. You’ll cover:

• The role and importance of risk-based AML controls

• How to conduct Customer Due Diligence (CDD)

• When and how to apply Enhanced Due Diligence (EDD)

• Risk indicators, red flags, and high-risk customer profiles

• Ongoing monitoring and reporting suspicious activity

• Aligning your AML strategy with FCA and UK Money Laundering Regulations

Why This Course Is Essential for UK Professionals

The Financial Conduct Authority (FCA) expects firms to deliver AML training that is relevant, practical, and risk-based. This course directly aligns with FCA guidance and industry best practices. You will gain:

• Deep insight into UK-specific AML obligations

• Awareness of real-world money laundering risks

• Confidence to apply risk mitigation in line with evolving threats

• Tools to enhance compliance frameworks in your firm

Certification & Interactive Learning

The course includes scenario-based learning, quizzes, and a final assessment to help reinforce key concepts. Upon completion, you’ll receive a UK-recognised certificate demonstrating your AML proficiency and CDD/EDD competency.

Who Should Enrol?

• Compliance officers and AML analysts

• Risk management professionals

• Banking, fintech, and crypto sector staff

• Legal and financial services professionals

• Anyone involved in onboarding, monitoring, or managing customer risk

Why Choose Us?

• Expert-led training developed by AML and regulatory compliance specialists

• Content aligned with UK FCA guidance and international standards

• Flexible online access and interactive modules

• Affordable pricing with no hidden costs

Course Objectives

By the end of this course, you will be able to:

• Understand the risks and indicators of money laundering

• Apply CDD and EDD measures based on customer risk profiles

• Conduct due diligence in accordance with UK regulatory expectations

• Identify and escalate suspicious activity effectively

• Strengthen your firm’s overall AML compliance strategy