Book traversal links for 3.2.4 Ongoing Monitoring
3.2.4 Ongoing Monitoring
Effective from 27/9/2021Under Article 7 of AML-CFT Decision, all customers must be subject to ongoing monitoring throughout the business relationship. Ongoing monitoring ensures that the account or other financial service is being used in accordance with the customer profile developed through CDD during onboarding, and that transactions are normal, reasonable, and legitimate.