The CCAB commissioned a third-party agency Populus (now Yonder) to conduct research into their members’ views on the client due diligence checks they are required to perform as part of their Anti-Money Laundering responsibilities.
The survey made several key findings which are summarised in an infographic for ease of reference. More information is set out in an overview of the research and the key findings are summarised in an infographic for ease of reference. Both can be found here.
The CCAB Economic Crime Panel will be considering how best to provide additional support and guidance to members.