Public Data v. Private Understanding: one reason why firms are falling short in the fight against money laundering

Tim Parkman (tim.parkman@cddpro.com) and Stuart Hammond (stuart.hammond@cddpro.com) are independent financial crime consultants and directors of CDD Pro Ltd (www.cddpro.com).

Documents and records may tell a story, but direct dialogue is the best route to validation. Tim Parkman and Stuart Hammond of CDD Pro argue that intelligent customer onboarding is about knowing the questions to ask and making sure you secure proper answers.