A periodic and event-driven EDD program for correspondent and clearing banks.
This program runs your respondent-bank due diligence operation — periodic reviews, event-driven reassessments and onboarding investigations. Every review is resolved end to end, into an EDD package. Configured to your risk-tier model, your review cycle and your jurisdictional corridors. Your MLRO stays accountable.
What we investigate
- Periodic respondent EDD per your risk-tier model. Ownership structure, management background, AML program adequacy, downstream correspondent relationships.
- Event-driven reassessments triggered by adverse media, enforcement actions or sanctions designations.
- Nested-risk and payable-through exposure analysis. Transaction-pattern review across correspondent corridors.
- Wolfsberg questionnaire reconciliation and FinCEN §312 enhanced due diligence documentation.
What’s special
One package satisfies FinCEN §312 and the Wolfsberg questionnaire from the same investigation.