Regulatory context
US beneficial ownership rules require identifying and verifying beneficial owners of legal entity customers, with exceptions documented in your program.
Glossary/CDD
CDD
Customer due diligence is the baseline collection and verification of customer identity and risk information.
How FinanceAI handles this
Standard-risk relationships follow CDD paths in the KYC Agent risk model.
Questions
When is EDD required?
Higher-risk geography, product, or screening results trigger enhanced due diligence.