The FCA has provided feedback on its 2025 multi-firm review of customer due diligence (CDD), enhanced due diligence (EDD), and ongoing due diligence controls across various regulated sectors.
The feedback relates to the following topics:
- policies and procedures;
- CDD and EDD processes; and
- compliance monitoring and audit.
The FCA’s review is
Register for free to keep reading
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day