KYC / CIP / KYB
KC-10Retain onboarding and review records for five years after offboarding
How Leela would run itContinuous · five years from each customer’s offboarding
From the policy libraryThe requirement
All identification records, beneficial ownership certifications, due diligence files, and periodic review records are kept for at least five years from the date of offboarding, in a format accessible for sponsor bank review and examination. The clock runs from offboarding, so a live customer’s file is never purged.
- 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
Store each customer file under the retention schedule, key retention to the offboarding date, and be able to produce any file on request.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Retention schedule entryRecord class, retention period keyed to offboarding, location
Evidence
Retention schedule entry
KYC / CIP / KYB §9
1
of 1 record
The work and the records come from this obligation in the policy library.