Re: AML/KYC Explained

Quote from: JoshuaDunnink on December 19, 2017, 10:48:20 AM

Currently nowhere I can find a retention period on how long they are allowed to maintain the documents. Further, I have not found regulatory policies on what is allowed to be done with them.

For the US, I recently came across this article which lists ALM and Customer Account Information retention periods as 5-6 years after the account is closed: https://www.finra.org/industry/comparison-aml-customer-identification-rule-and-secs-books-records-customer-account