Book traversal links for 9.2 Required Record Types
9.2 Required Record Types
Effective from 13/7/2023(AML-CFT Law Articles 16.1(a),(b),(f); AML-CFT Decision Articles 7.2, 24)
The AML-CFT Law and AML-CFT Decision oblige FIs to retain several types of records, which can be classified broadly into the following categories:
• | Transaction Records. This category relates to operational and statistical records, documents and information concerning all transactions executed or processed by the FI, whether domestic or international in nature. | ||||||||||
• | CDD Records. This category relates to records, documents, and information about customers, their due diligence, and the investigation and analysis of their activities, and can be further divided into sub-categories such as records pertaining to:
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Additional guidance related to these record types is provided in the following sub-sections.