The AML/CTF regime in the UK requires you to perform CDD. This includes gathering information on the intended purpose and nature of the business relationship.
The CDD forms below can be used to formally record information you obtain.
You are also required to demonstrate that the level of CDD you have applied to a business relationship is appropriate to the level of risk. When assessing the level of risk you are required to take into account certain factors.
The CDD forms also contain a client risk assessment process to assist you in demonstrating how you have assessed the level of risk: