# What is the EDD AML process?

**URL:** <https://www.amlfaqs.com/t/what-is-the-edd-aml-process/216>\
**Category:** Singapore\
**Created:** [October 9, 2024, 10:16am UTC](https://www.amlfaqs.com/t/what-is-the-edd-aml-process/216 "2024-10-09T10:16:28Z")\
**Posts on this page:** 2\
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**Author:** ![pathik](https://yyz2.discourse-cdn.com/flex010/user_avatar/www.amlfaqs.com/pathik/32/5_2.png) [@pathik](https://www.amlfaqs.com/u/pathik)\
**Post date:** [October 9, 2024, 10:16am UTC](https://www.amlfaqs.com/t/what-is-the-edd-aml-process/216/1 "2024-10-09T10:16:28Z")

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What is the EDD AML process?

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**Author:** ![pathik](https://yyz2.discourse-cdn.com/flex010/user_avatar/www.amlfaqs.com/pathik/32/5_2.png) [@pathik](https://www.amlfaqs.com/u/pathik)\
**Post date:** [October 25, 2024, 8:03am UTC](https://www.amlfaqs.com/t/what-is-the-edd-aml-process/216/2 "2024-10-25T08:03:23Z")

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Enhanced Due Diligence (EDD) is an AML process applied by regulated entities when dealing with high-risk customers. Singapore’s regulatory regime requires regulated entities to undertake the following measures as a part of EDD:

- Inquiring about the financial profile of the customer, including determining the source of funds and source of wealth
- Onboarding the customer only with the approval of the senior management,
- Conducting ongoing monitoring of transactions and business relationship

Explore the essential elements of Enhanced Due Diligence with this blog

> **[Enhanced Due Diligence (EDD): Navigating the measures to manage high-risk](https://amlsingapore.com/enhanced-due-diligence-navigating-the-measures-to-manage-high-risk/)**
>
> In this article, let us explore Enhanced Due Diligence (EDD), the circumstances when EDD is performed, and its significance under AML Singapore regulations.