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CRA-4.1.5

Licensees must establish and maintain adequate and effective systems and processes, including suspicious transaction indicators to monitor transactions with a client or counterparty involving crypto- assets and conduct appropriate enquiry and evaluation of potentially suspicious transactions identified. In particular:

(a) Identify transactions with wallet addresses or their equivalent which are compromised or tainted; and
(b) Employ technology solutions which enable the tracking of crypto-assets through multiple transactions to more accurately identify the source and destination of these crypto- assets.
Added: April 2023