Our standalone Due Diligence Policy Template sets out procedures and controls for new client onboarding, verification, Know Your Customer and client risk assessments. The template is easy to use and customise and can be quickly integrated into your business. Suitable for any industry, our comprehensive policy is essential for any business with AML or due diligence obligations.
Due Diligence Toolkit: This is a standalone policy for use by those who already have new client onboarding forms, supplier questionnaires and client risk assessment tools. If you require these templates in addition to the policy, our Due Diligence & Client Risk Toolkit is just £65 (+vat).
About the Due Diligence Policy Template
Due Diligence is the foundation of many regulations and laws that expect firms to verify, identify and assess those with whom they form a working relationship. This policy template provides step-by-step measures and processes for how a company carries out their due diligence practices. For those with obligations under the Money Laundering Regulations or FCA Handbook, due diligence is a legal requirement.
- Essential policy template for for effective management of your due diligence processes.
- Define the methods, criteria and requirements for new client due diligence and support your employees in their role.
- Ensure that your processes and controls for verifying suppliers and third-parties are compliant and adequate.
- The 16-page due diligence policy template is fully customisable, but also contains ready-to-use content so that you do not have to draft your policy from scratch.
Customisable and available for instant download after payment. Includes:
- Template Customisation Guidance
- 16-page Due Diligence Policy Template
- Policy Statement
- Purpose & Scope
- What is Due Diligence?
- Customer Due Diligence
- Supplier & Third-Party Due Diligence
- Employee Due Diligence
- Objectives
- Due Diligence Processes
- Verification
- Identification
- Business/Supplier Onbaording
- Discrepancies in Registers
- Know Your Customer Controls
- Enhanced Due Diligence
- Existing Customer Due Diligence
- Employee Verification and Screening
- Due Diligence Audits
- Due Diligence Questionnaires
- Tax Evasion
- Responsibilities