AML/CFTR 4.3.15 Linked one-off transactions

(1) A firm must have systems and controls to identify one-off transactions that are linked to the same person.

Note See rule 4.2.5 (What is a one-off transaction?).
(2) If a firm knows or suspects, or has reasonable grounds to know or suspect, that a series of linked one-off transactions involves money laundering or terrorism financing, the firm must make a suspicious transaction report to the FIU.
Derived by QFCRA RM/2019-8 (as from 1st February 2020)