The Wolfsberg Group has published an updated version of its Correspondent Banking Due Diligence Questionnaire (CBDDQ) and related guidance material (Completion Guidance, FAQs and Glossary). The CBDDQ aims to set an enhanced and reasonable standard for cross-border and / or other higher risk Correspondent Banking Due Diligence, reducing to a minimum any additional data requirements. The Wolfsberg Group expects its members to use the CBDDQ, in a phased approach, with all of their respondents.

View Wolfsberg News – CBDDQ Publication, 22 February 2018