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QUESTION

What is Enhanced Due Diligence?

ANSWER

Enhanced Due Diligence is a set of system behaviours you can apply to certain risk factors in the Policy Enforcement. Once you have selected all the actions that you want to apply with Enhanced Due Diligence you can apply the full set of behaviours to individual risk factors that are present in transactions.

RELATED QUESTIONS
What is Policy Enforcement?
Why do I need Policy Enforcement for my money exchange business?
Do I have to create a separate Policy Enforcement for each outlet?
What is Standard Due Diligence?
How do I set up my Risk Profile?
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How do I assign scoring for each risk factor?
Can I flag transactions and apply policy enforcement actions without risk scoring?
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When should I apply the actions Flag as Low, Flag as Medium and Flag as High?
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