What is EDD (Enhanced Due Diligence) in Singapore? (2026)
EDD is the deeper level of due diligence applied to higher-risk customers, such as politically exposed persons or complex ownership structures.
When is EDD required?
EDD is required where the risk assessment indicates a higher risk — for example, dealing with a politically exposed person, a customer connected to a higher-risk country, or an unusually complex or opaque ownership structure. In such cases the provider must take additional measures beyond standard CDD.
What extra measures does EDD involve?
EDD may include obtaining additional information on the customer and beneficial owners, understanding the source of wealth and source of funds, obtaining senior-management approval to continue the relationship, and applying more frequent ongoing monitoring. Confirm the current EDD triggers and required measures against ACRA and MAS AML/CFT guidance, as these are set by regulation.
Sources
This article is general information for Singapore corporate service providers, not legal or professional advice. Verify against the primary sources above and your own professional judgement.