AML Program
AP-09Retain program records for five years
How Leela would run itContinuous · five years from the date of each record
From the policy libraryThe requirement
Copies of this policy, every supporting procedure, the officer designation and the bank’s acknowledgment, training records, independent test reports and remediation logs, quality assurance reports, and board compliance reports and minutes are retained for at least five years in a format accessible for sponsor bank review and regulatory examination.
- Applies
- Tell Leela about your company to see whether this applies.
- Status
- Setup needed
Tell Leela how you handle it today, or hand it over: see what’s next.
The work
File each program record under the retention schedule with its date, keep superseded versions, and be able to produce any record on request.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Retention schedule entryRecord class, retention period, location
- 02Program document archiveEvery version of the policy and procedures with its dates
Evidence
Retention schedule entry
AML Program §8.4
2
of 2 records
The work and the records come from this obligation in the policy library.