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AML-6.1.1

Past version: Effective from 01 Jul 2016 to 30 Sep 2021
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Capital Market Service Providers must comply with the record-keeping requirements contained in the AML Law and in the CBB Law. Capital Market Service Providers must therefore retain adequate records (including accounting and identification records), for the following minimum periods:

(a) For customers, in relation to evidence of identity and business relationship records (such as application forms, account files and business correspondence, including the results of any analysis undertaken (e.g. enquiries to establish the background and purpose of complex, unusual large transactions)), for at least five years after the customer relationship has ceased; and
(b) For transactions, in relation to documents enabling a reconstitution of the transaction concerned, for at least five years after the transaction was completed.
Amended: July 2016
October 2010