Financial services provided using digital channels or internet pose greater challenges for customer identification and AML/CFT purposes. Conventional bank licensees must identify and assess the money laundering or terrorist financing risks relevant to any new technology or channel and establish procedures to prevent the misuse of technological developments in money laundering or terrorist financing schemes. Specifically, licensees which provide electronic and internet banking services to their customers, must establish systems or programmes to monitor, detect and highlight unusual transactions. The risk assessments must be consistent with the requirements in Section FC-C-2.