Glossary
EDD (Enhanced due diligence)
Enhanced due diligence is the extra scrutiny applied to higher-risk customers and situations: politically exposed persons, customers from high-risk countries, complex ownership, or activity inconsistent with the profile. It typically includes source-of-wealth checks, senior management approval and more frequent reviews.
Why it matters for brokers and payment firms
Deposits sitting just below the amount that triggers EDD are a classic structuring signal. Firms should know their own EDD thresholds and monitor behaviour around them.