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The work procedures adopted by securities firms for surveillance of unusual or suspicious transactions shall at least include the following:
- Establishing a management system that identifies, tracks, and controls unusual or suspicious transactions.
- Establishing management-by-exception mechanisms for banking activities of higher risk customers and, on the basis of past transactions or case reports from relevant agencies, establishing a database (dossiers) on unusual and suspicious transactions that is sufficient to the development and complexity of the business.
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