Text for CQS CPMS Policy
CQS Policy: Record keeping – source of funds
- Change date
- 24/06/2025
- Word count
- 158
- Deployment measure
- 9/10
Rationale
Draft wording citing Regulation 40 of the MLR 2017 on retaining customer due diligence and transaction monitoring records, including SOF, for at least five years after the end of the relationship or transaction. Records must remain intact to maintain compliance and traceability.
In accordance with Regulation 40 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("MLR 2017"), we are required to retain adequate supporting
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