Home
Forms Library
Hong kong customer due diligence

Enhanced due diligence form 2025

hong kong customer due diligence Preview on Page 1

Show details

4.7 out of 5

65 votes

The document is an Enhanced Customer Due Diligence Form designed to collect detailed information about clients, including individual and corporate clients' financial backgrounds, anticipated trading activities, and relationships with Politically Exposed Persons (PEPs). It requires clients to declare the accuracy of their provided information and includes sections for client signatures and internal review.

Here's how it works

01. Edit your hong kong customer due diligence online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send hk customer due diligence via email, link, or fax. You can also download it, export it or print it out.

How to modify Enhanced due diligence form in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting paperwork with our comprehensive and intuitive PDF editor is straightforward. Follow the instructions below to complete Enhanced due diligence form online easily and quickly:

Log in to your account. Sign up with your email and password or create a free account to try the product before upgrading the subscription.
Import a form. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Enhanced due diligence form. Quickly add and highlight text, insert images, checkmarks, and symbols, drop new fillable fields, and rearrange or remove pages from your paperwork.
Get the Enhanced due diligence form completed. Download your adjusted document, export it to the cloud, print it from the editor, or share it with other participants through a Shareable link or as an email attachment.

Take advantage of DocHub, the most straightforward editor to promptly manage your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What are enhanced due diligence requirements?

Enhanced Due Diligence checklist Understand your customers risk profile. Obtain additional information where necessary. Conduct extensive background checks and monitor transactions. Organize and secure your data in line with compliance standards. Keep the data available for regulators.

What is the enhanced due diligence checklist?

Form 8867 serves as the Paid Preparers Due Diligence Checklist to ensure that tax return preparers gather and document the necessary information to support claims for certain tax credits.

What triggers EDD?

Customers with high-value transactions or unusual activity Possible triggers for EDD are: Frequent high-value international wire transfers with little documentation. A sudden spike in account activity with no clear explanation. Transactions involving industries prone to money laundering, such as precious metals or art.

What is the enhanced due diligence requirement?

Conducting enhanced due diligence If the initial checks have been completed and high-risk factors are identified (eg the individual is a Politically Exposed Person PEP, or the entity is a cash-intensive business), firms are required to complete EDD to fully investigate and document potential risk.

What is the red flag for EDD?

Unusual patterns of transactions that do not fit the customers typical business profile, complex and unusually large transactions, or transactions that involve high-risk countries are red flags that trigger the need for EDD.

What are the 4 due diligence requirements?

The four due diligence requirements Complete and Submit Form 8867. (Treas. Reg. section 1.6695-2(b)(1)) Compute the credits. (Treas. Reg. section 1.6695-2(b)(2)) Knowledge. (Treas. Reg. section 1.6695-2(b)(3)) Keep records for three years.

What is enhanced due diligence form?

Enhanced Due Diligence (EDD) is an advanced risk assessment process that involves gathering and analyzing information about high-risk customers or business relationships to identify and mitigate potential financial crimes, such as money laundering and terrorist financing.

Enhanced due diligence form 2025

Here's how it works