Personal Due Diligence

AML/CTF Reporting Entities need to complete Personnel Due Diligience (PDD) on staff who have AML roles. You can use 2Shakes to:

  • Capture and securely store staff ID documents

  • Biometrically verify the person matches the photo on their ID document

  • Complete an adverse media check

  • Complete a Politically Exposed Person (PEP) check

  • Complete a Sanctions watchlist check

AUSTRAC Personal Due Diligence (PDD) guidance

The AUSTRAC have provided Personnel forms that allow you to record the Due Diligence checks. To complete these forms you need to collect and verify staff identity along with PDP, sanctions and adverse media checks. For example see AUSTRAC’s PDD forms for Accounting sector below:

You should always complete PDD as outlined in your AML/CTF program. You can store you any PDD records, forms or other evidence in AML Documents.

Add staff for complete Biometric Identity Verification

Follow the steps below:

  1. Create a ‘dummy’ AML agreement for your practice to create a mechanism to send IDV requests to your staff.

  2. Add your staff as People for Identity Verification.

  3. The 2Shakes Admin User or Compliance Officer (CO) will review the IDV report for each staff member and confirm it. This will restrict access so that only the Admin or CO can view this private staff information.

  4. DO NOT complete the CDD for the agreement. This will enable you to add additional staff when they join your practice.

More Help

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