How Customer Due Diligence or CDD in Money Laundering Prevents Financial Crimes?
Customer Due Diligence (CDD) is the backbone of AML compliance in the UAE, acting as a critical shield against money laundering. By verifying identities, assessing risks, and monitoring transactions, CDD ensures financial transparency and prevents illicit activities. With stringent regulations in place, the UAE mandates robust CDD measures to safeguard its financial system and uphold […]
