A7.119 Record-keeping

A7.119 Record-keeping

Every firm carrying on relevant business is required to keep the following records:


    •     a copy of any documents and information obtained by the 'relevant person' (see A7.115) to satisfy the customer due diligence requirements under the 2017 Regulations


    •     sufficient supporting records (consisting of the original documents or copies) in respect of a transaction (whether or not the transaction is an occasional transaction) which is the subject of customer due diligence measures or ongoing monitoring to enable the transaction to be reconstructed1

The records must be kept for at least five years beginning on the date on which

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