Building Enhanced Due Diligence Programmes for High-Risk Clients

Course Overview

Growth built on poorly controlled enhanced due diligence reverses faster than it accumulated. The audit trail behind the financial and banking practice discipline matters as much as the decision itself. Participants develop a defensible line of reasoning for the choices they make about this part of financial and banking practice. The level assumes working familiarity with the business line but no prior formal training in enhanced due diligence. Applied research in financial and banking practice consistently shows that early structure around the wider financial and banking practice agenda reduces downstream rework. Participants apply this area of financial and banking practice to their own business line throughout, so the output is directly usable. Plans for enhanced due diligence often fail at the handover point between functions. The course sets out a working method for the wider financial and banking practice agenda that participants can apply the week they return. The final session converts the week's work on this aspect of financial and banking practice into commitments with owners and dates.