05 June, 2025
What is a WWFT Client Research?
A WWFT client due diligence is a mandatory check that helps companies assess the integrity of their customers and identify unusual transactions. This research is essential for several sectors, including:
- Financial institutions
- Brokers
- Law firms
Why is this important? Organisations in these sectors have an increased risk of money laundering and fraud. By carefully screening clients and reporting unusual transactions, they contribute to a safe and transparent financial system.
Types of Client Diligence according to the WWFT
There are three types of client due diligence under the Anti Money Laundering, depending on the risk profile of the client:
In the event of a normal risk, a standard client due diligence is carried out. This includes the verification of identity data, determining the ultimate beneficial owner (UBO) and assessing the transaction profile.
When a client poses a low risk, a simplified client due diligence can be applied. This applies, for example, to companies where it is clear who the owner is, or to organisations that follow strict rules to comply with laws and regulations.
In the event of increased risk, such as transactions with politically exposed persons (PEPs) or customers from high-risk countries, enhanced customer due diligence is mandatory. This research is more in-depth and may require additional documentation and ongoing monitoring.
What does a WWFT check entail?
A WWFT check examines various factors, including:
- Identity verification of the client and UBO
- Origin of funds and purpose of the business relationship
- Verification of sanctions lists and PEP status
- Identification of unusual transactions
This research contains privacy-sensitive data, which is why DISA strictly adheres to the GDPR regulations. We ensure that data is processed securely and is only used for its intended purpose.
Additions to the WWFT Check
In addition to the WWFT check, DISA offers additional services to strengthen your compliance, such as:
- WFT diploma check – check the professional competence of employees in the financial sector.
- Other relevant screenings – such as VOG checks and reference checks.
Why outsource a WWFT Client Research to DISA?
Outsourcing a WWFT client due diligence to DISA offers several advantages:
- Unburdening: We take care of the entire screening process.
- Expertise: DISA is a specialist in the field of compliance and screening.
- Comply with laws and regulations: Our processes are fully aligned with the WWFT and GDPR.
- Fast turnaround time: Efficient processes ensure fast and reliable screening.
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Screening employees in financial services
In addition to client screening, employment screening is also essential in the financial sector. Employers have the responsibility to assess the reliability of their employees. A VOG (Certificate of Good Conduct) is an important instrument in this regard.
DISA helps organisations with a complete screening solution, so that they meet the legal requirements and can guarantee a reliable working environment.
Frequently asked questions about the WWFT Client Research
This depends on the risk profile of the client. In the case of increased risk, a stricter examination is required, while in the case of low risk, a simplified examination is sufficient.
Client due diligence should be reviewed periodically, depending on the risk rating and changes in the business relationship.
Yes, for certain professional groups such as financial institutions, brokers and lawyers, this is required by law under the WWFT.
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Would you like to know more about our WWFT check and how DISA can support your organisation? Please contact us using the form below.