Enhanced Due Diligence Training for Financial Businesses
High risk customers demand far more than standard checks, and getting enhanced due diligence wrong is where serious exposure hides. We deliver focused EDD training that teaches your staff to handle high risk properly across Canada.
Training for Your Highest Risk Customers
Enhanced due diligence is what you do when standard checks are not enough, for politically exposed persons, high risk countries, and complex or unusual arrangements. Handle these badly and the exposure is severe. We train your staff to recognise when EDD is triggered, what it requires, and how to apply it properly.
Beyond Standard Due Diligence
EDD goes well past normal checks, and staff often do not know how far. We train your people on what enhanced diligence really means, establishing source of funds and source of wealth, securing senior sign off, digging into ownership and purpose, and monitoring high risk customers more closely. The training makes the extra steps concrete.
Spot Triggers
We train your staff to recognise when enhanced diligence is triggered.
Source Funds
We teach how to properly establish source of funds and wealth.
Handle PEPs
We show your staff how to handle politically exposed persons properly.
Enhanced Monitoring
We cover monitoring your high risk customers more closely over time.
Ready to Simplify Your Compliance?
Businesses We Train and Support
We train payment service providers, money services businesses, currency dealers, crypto businesses, and the many other financial businesses whose own staff need proper enhanced due diligence training under Canadian regulation.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Businesses Choose Our Training
High Risk
We train specifically on high risk customers, so staff apply rigour exactly where the exposure is greatest.
Concrete Steps
We make the extra EDD steps concrete, so source of funds and senior sign off are understood rather than vague.
Proportionate Approach
We teach applying EDD proportionately, so effort goes where the risk is without treating every customer as high risk.
Serving Businesses Across Canada
We train businesses right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign businesses meeting their Canadian due diligence duties wherever they are based.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
EDD Training Questions
Clear answers to the questions businesses ask most about training their own staff on enhanced due diligence right across Canada.
When is enhanced due diligence needed?
When risk is higher than normal, for politically exposed persons, high risk countries, or complex and unusual arrangements that standard checks cannot cover.
What does EDD add beyond CDD?
Deeper checks, establishing source of funds and wealth, senior sign off, closer scrutiny of ownership and purpose, and enhanced ongoing monitoring.
How are PEPs handled here?
A PEP match is a risk flag, not a block. It triggers enhanced diligence and closer monitoring, not an automatic refusal.
How is this different from KYC training?
KYC and CDD training covers the whole discipline. This focuses on the enhanced layer for your highest risk customers specifically.
What is source of wealth?
Source of funds is where specific money came from. Source of wealth is how a person built their overall assets.