Event Profile

Due diligence expectations vary based on customer risk and continue to evolve. This seminar provides a practical overview of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) best practices for high-risk customers, with a specific focus on nonresident alien and foreign individual accounts. Participants will learn key risk indicators, documentation expectations, and examination considerations when managing these relationships.

Learning Objectives:

• Understand regulatory expectations and best practices for conducting CDD and EDD for high-risk, nonresident alien, and foreign individual customers.
• Identify key risk indicators and documentation requirements specific to nonresident alien and foreign individual accounts.
• Apply a risk‑based approach to account onboarding, monitoring, and periodic reviews to better manage compliance and examination risk.