Transaction Monitoring
TM-09Report rule performance monthly and calibrate at 90 days, then yearly
How Leela would run itMonthly · monthly operating report; calibration review at 90 days after launch and annually
From the policy libraryThe requirement
Each month the Company delivers an operating report to the sponsor bank with rule-level alert counts, the false positive rate, the disposition mix, open case and referral aging, and any threshold breaches. The AML Compliance Officer conducts a formal calibration review of every threshold 90 days after launch and annually thereafter, evaluating alert volume and false positives by rule, referral rate by rule, typologies no rule covers, the bank’s feedback on package quality, and current regulatory guidance, and records the findings and any changes in a calibration memo.
- 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
Compile the rule-level figures each month and send the report to the bank; at each calibration review, test every threshold against live data, note uncovered typologies, and write the memo.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Monthly operating reportRule-level counts, false positive rate, dispositions, aging, breaches, as sent to the bank
- 02Calibration memoFindings per rule, threshold changes, bank feedback, Officer’s approval
Evidence
Monthly operating report
Transaction Monitoring §8.1, §10
2
of 2 records
The work and the records come from this obligation in the policy library.