AML / KYC / Sanctions

CDD

Customer Due Diligence. The baseline identification, verification, purpose, and control-chain work required before accepting the investor relationship.

EDD

Enhanced Due Diligence. Deeper review and stronger evidence where risk is elevated, for example due to PEP links, complex structures, or higher-risk geographies.

UBO

Ultimate Beneficial Owner. The natural person who ultimately owns or controls the investor, whether through equity, voting, contractual rights, or another control route.

PEP

Politically Exposed Person. Someone entrusted with a prominent public function, plus relevant family members and close associates under the applicable rules.

Source of funds

Where the subscription money for this transaction comes from.

Source of wealth

How the investor accumulated the broader wealth that makes the investment plausible.

Reliance

Using a third party such as a distributor or intermediary for parts of the AML/KYC process while retaining responsibility for the outcome.

Ongoing monitoring

Reviewing the relationship after onboarding through periodic refresh and event-driven triggers such as ownership changes, sanctions hits, or unusual activity.

Sanctions screening

Checking the investor and relevant connected persons against restrictive-measures lists and resolving matches before and after onboarding.

FIU / STR

Financial Intelligence Unit / Suspicious Transaction or Activity Report. The escalation route when suspicion crosses the reporting threshold.