Due Diligence
Know Your Customer with Confidence
Risk-based due diligence for customer onboarding & monitoring. We handle Identity Verification, UBO Unwrapping, and Enhanced Due Diligence for high-risk entities.
Deep Dive Due Diligence
Our specialized team conducts thorough KYC, CDD, and EDD reviews. We don't just tick boxes; we analyze the risk profile of each customer, ensuring you understand who you are doing business with and preventing financial crime risks.
Beyond the Checkbox
KYC (Know Your Customer) is more than just collecting a passport copy. It is about understanding the 'Nature and Purpose' of the business relationship. We help you build a customer profile that makes sense.
Our methodology focuses on the 'Risk-Based Approach'. A low-risk salaried individual requires a different level of diligence compared to a high-net-worth individual involved in cross-border trade. We configure your CDD processes to apply resources where risks are highest.
Ultimate Beneficial Ownership (UBO)
Identifying the UBO is one of the biggest challenges in the UAE. Shell companies and complex ownership structures can hide the true controllers. Zeej specializes in 'UBO Unwrapping'.
We trace ownership layers through corporate registries to identify the natural persons who ultimately own or control 25% or more of the entity. We also identify controllers by other means, ensuring full compliance with Cabinet Decision No. (58) of 2020.
Enhanced Due Diligence (EDD)
For high-risk customers, Politically Exposed Persons (PEPs), or clients from high-risk jurisdictions, Standard Due Diligence is not enough. We conduct deep-dive EDD.
This involves establishing the Source of Wealth (SoW) and Source of Funds (SoF), commissioning independent background reports, and conducting adverse media analysis to build a comprehensive risk narrative for Senior Management approval.
Execution Roadmap
A structured, transparent roadmap tailored to your compliance journey.
Data Collection
Gathering ID, corporate docs, and UBO information.
Identity Verification
Authenticating documents against official registers.
Screening
Running names against sanctions, PEP, and adverse media lists.
Risk Scoring
Calculating initial risk rating based on dynamic factors.
Enhanced Due Diligence
Deep-dive research for high-risk or complex entities.
Source of Wealth
Verifying origin of funds and wealth for high-risk cases.
Compliance Approval
Final review and sign-off by compliance officers.
Ongoing Monitoring
Setting periodic review schedules and trigger events.
Key Features & Benefits
Risk-Based Screening
Tailored screening depth based on customer risk profile.
UBO Identification
Unraveling complex corporate structures to find ultimate owners.
EDD Reports
Detailed intelligence reports for high-risk relationships.
Service FAQs
CDD (Customer Due Diligence) is the standard process of verifying identity and risk. EDD (Enhanced Due Diligence) is a deeper investigation required for high-risk customers, involving SoW/SoF verification and senior management approval.