About the Due Diligence Checklist
Use our Due Diligence Checklist to identify any gaps in your due diligence and Know Your Customers control and processes. Ensuring that you know who you are working with and verifiying their identity is mandatory for many business types. This checklist comes with 60+ audit style questions to help you assess the measures you have in place to monitor and manage due diligence.
Due diligence should be performed on customers, suppliers and employees to identify, assess and mitigate risks. The due diligence self assessment checklist provides questions that audit your controls to verify that you have adequate and effective measures and procedures in place.
If you would like to purchase our due diligence policy and onboarding questionnaires alongside this checklist, visit our Due Diligence Toolkit page for a discounted bundle.
The Due Diligence checklist consists of 60+ assessment questions across 6 sections. The areas covered in the assessment are: –
- Customer Due Diligence
- Enhanced Due Diligence
- Policies & Procedures
- Employee Due DIligence
- Audits & Monitoring
- Record Keeping
- Outsourcing
- Suppliers
- Affordability Checks
- Ready to Use Assessment – The checklist is ready to use, but is also fully customisable for simple business integration. Use the filtered drop-down boxes to choose the appropriate response to each question and complete the audit plan to keep track of your improvements.
- Gap Analysis – With over 60 assessment questions, the checklist enables you to perform a gap analysis audit on your business in relation to due diligence. Know Your Customer awareness forms part of many compliance areas, including money laundering prevention.
- Straightforward Audits – There are no difficult to use dashboards or complicated formulas with our checklists. What you see is what you get! Simple to use, straightforward questions that will help you to assess your compliance with the mandatory regulations and standards.
- Evidence Compliance – Use our self assessment checklist to evidence that you are auditing your compliance areas and complying with the relevant codes, standards and regulations. Checklists help to identify gaps, set out improvement plans and provide invaluable management information.
- Market Leading Checklists – Thousands of organisations already use our checklists to assess their ongoing compliance. Delivered in a Excel format, our self assessment checklists are flexible and user-friendly.
- Developed by Experts – The team at Know Your Compliance Limited have been writing regulatory policies and checklists for nearly 20 years. Our compliance expertise means that you can accelerate your compliance audits and still save time and money.
Our comprehensive Due Diligence Template Toolkit includes 7 templates and tools for a complete approach to due diligence and Know Your Customer measures. Incorporating our top selling Due Diligence Policy, the toolkit also comes with 5 individually designed due diligence questionnaires.
