Enhanced Due Diligence (EDD) for High-Risk Clients: Key Lessons from the Isle of Man's Recent Reviews
This webinar forms part of the 2025 Financial Services Compliance Series (Isle of Man-specific).
Description
This webinar will provide an overview of Enhanced Due Diligence (EDD) requirements for high-risk clients, drawing on key lessons from recent regulatory reviews in the Isle of Man. Attendees will gain insights into common compliance gaps identified during reviews and explore best practices for strengthening EDD processes. The session will cover essential components of EDD, including comprehensive client risk assessments, effective documentation practices, and ongoing monitoring techniques. Expert speakers will share practical strategies to address regulatory expectations and mitigate risks associated with high-risk clients. This webinar aims to help professionals enhance their due diligence frameworks and improve overall compliance standards.
This webinar provides one-hour of CPD and offers insights and updates from a leading industry-expert speaker.
Delegates places are interchangeable with colleagues from the same organisation.
Content
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Overview of common compliance gaps identified in recent regulatory reviews
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Best practices for conducting comprehensive risk assessments of high-risk clients
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Effective documentation and ongoing monitoring techniques for EDD
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Practical strategies to address key regulatory expectations
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Strengthening due diligence frameworks to improve overall compliance standards
Presenter
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Robert Mitchell Strategic Business Director at Xapien |
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Bio to follow.
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