Purpose

Ensure LID records remain complete, accessible, reconstructable and promptly available to authorized authorities.

Normative

Bitkaya shall record required identity, UBO, representative, document, service and transaction data; retain domestic and international transaction records for at least five years; retain CDD data for at least five years after relationship termination; extend retention to ten years when directed by FIU; and make records promptly available to competent authorities.

Descriptive

Records must permit transaction reconstruction and include risk profiles, contact information, identity evidence, account records and business correspondence where applicable.

Source reference: LID Articles 6 and 7.

Assurance Assertions

  • Required CDD and transaction fields are recorded.
  • Retention rules distinguish transaction, relationship and FIU-directed periods.
  • Retrieval testing demonstrates prompt reconstruction and availability.

Relationships

Assurance

  • Source verified: yes
  • Implementation linked: yes
  • Wording unambiguous: review

History

  • 2026-07-26: Created from LID Articles 6 and 7.