Regulations Governing the Deposit Accounts and Suspicious or Unusual Transactions Article 16

A bank shall establish a mechanism supported by information systems to detect unusual deposit account transactions. It shall also establish early warning indicators focusing on transaction amounts exceeding a certain threshold, transaction amounts clearly inconsistent with average account balances, or frequent use over a short period of electronic transaction functions, and shall assign dedicated personnel to check and follow up at least once per day, and prepare records, which shall be delivered in accordance with internal procedures to the responsible supervisor for review.The records referred to in the preceding paragraph, and data pertaining thereto, shall be maintained for at least five years, and may be provided to the competent authority, relevant units, and internal audit units for review.