Global Standards · Basel Committee
Customer Due Diligence for Banks
GuidanceIn Force
- Issuing authority
- Basel Committee on Banking Supervision
- Effective date
- 2001 last reviewed July 2020
- Scope
- Banks
Key requirements
The original CDD guidance for banks. Sets out the four parts of customer due diligence: identification, beneficial ownership, ongoing monitoring and risk assessment. Still the foundation for how banks build their CDD programmes globally.