Perpetual KYC Review

Event-driven customer due-diligence refresh triggered by change events (address, beneficial owner, PEP status, adverse media, periodic anniversary) per AMLR and Wolfsberg RBA 2025.
Steps
5
Standard refs
0
Catalog version
0.14
Standards basis
ISA, PCAOB AS, IFRS, IIA GIAS (public standards)

Procedures

  1. Trigger Detectionproc_trigger_detection

    Detect and classify pKYC trigger events from upstream signals.

  2. Materiality Assessmentproc_materiality_assessment

    Assess whether the trigger materially changes the customer's risk profile.

  3. CDD Refreshproc_refresh_cdd

    Re-execute the portions of CDD that the trigger made stale.

  4. Risk Re-ratingproc_re_rating

    Recompute inherent, controls, and residual risk using refreshed CDD data.

  5. Outcome Dispositionproc_outcome_disposition

    Close, escalate, or exit the relationship based on re-rating outcome.

Event-driven customer due-diligence refresh triggered by change events (address, beneficial owner, PEP status, adverse media, periodic anniversary) per AMLR and Wolfsberg RBA 2025.