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KYC / CIP / KYB
KC-08

Re-screen the customer book on list changes and review on triggers

How Leela would run itContinuous · on every watchlist update; promptly on any trigger event
Walked through · example
The requirement
The existing customer book, principals, and beneficial owners are re-screened whenever the sanctions lists change, and adverse media, an ownership change, a regulatory action, or a sponsor bank request triggers an out-of-cycle review rather than waiting for the next scheduled one.
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.

What Leela would do · example run
  1. 10:02
    Saw a sanctions list update
    New list version · example
  2. 10:03
    Re-screened the customer book
    240 customers, principals and owners
  3. 10:09
    Investigated potential matches
    2 potential matches
  4. 10:10
    Opened 2 reviews for your team
    Your team decides
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy library
Contents
  1. 01
    Re-screening log
    List version, date, customers screened, hits and dispositions
  2. 02
    Out-of-cycle review record
    Trigger, date opened, outcome
Evidence
Re-screening log
KYC / CIP / KYB §7.1, §7.2
2
of 2 records

An example run. The steps follow the obligation’s action and Leela’s note; the records are the obligation’s evidence in the policy library.

What’s next?