Module

Enhanced Due Diligence (EDD) Workflow

A structured EDD workflow for high-risk clients, PEPs and complex ownership structures.

PropComply provides a structured Enhanced Due Diligence (EDD) workflow for high-risk clients, politically exposed persons and complex beneficial-ownership structures involved in Spanish real estate transactions. The workflow captures the additional evidence, senior-management approval and ongoing-monitoring decisions required under Articles 11 and 19 of Ley 10/2010.

Capabilities

EDD triggered automatically by risk classification or PEP status
Deeper source-of-funds and source-of-wealth evidence
Beneficial-ownership reconstruction for layered entities
Senior-management approval flow with audit trail
Enhanced ongoing monitoring frequency

Outcomes

Defensible EDD files for SEPBLAC inspection
Clear separation of standard and enhanced CDD
Documented senior-management approvals
Repeatable EDD process across the firm

How it works

Step-by-step

1
Trigger EDD
EDD is triggered automatically based on risk classification, PEP status or complex ownership.
2
Collect enhanced evidence
Additional SoF/SoW evidence and ownership reconstruction are collected through a guided workflow.
3
Senior-management approval
The file is routed to a senior decision-maker for documented approval before the relationship proceeds.
4
Enhanced ongoing monitoring
The relationship is monitored at a higher frequency, with screening and review intervals tightened.

FAQ

Frequently Asked Questions

When is EDD required under Ley 10/2010?

Articles 11 and 19 of Ley 10/2010 require enhanced due diligence for high-risk situations, including PEPs, high-risk third countries and complex or unusual transactions with no apparent economic purpose.