{"id":4952,"date":"2024-07-31T14:55:23","date_gmt":"2024-07-31T10:55:23","guid":{"rendered":"https:\/\/www.fiumauritius.org\/fiu\/?post_type=ufaq&#038;p=4952"},"modified":"2024-07-31T14:55:25","modified_gmt":"2024-07-31T10:55:25","slug":"do-reporting-persons-have-the-obligation-to-document-the-pcps","status":"publish","type":"ufaq","link":"https:\/\/www.fiumauritius.org\/fiu\/?ufaq=do-reporting-persons-have-the-obligation-to-document-the-pcps","title":{"rendered":"Do reporting persons have the obligation to document the PCPs?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-distinct ewd-ufaq-category-tabs-\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='title' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='asc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fufaq%2F4952' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-4952-PgovdPzoxZ' data-post_id='4952'>\n\n\t\t\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#' role=\"button\">\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-'>\n\t\t\t<span >A<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tDo reporting persons have the obligation to document the PCPs?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body' >\n\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-categories'>\n\t\n\tCategory:\n\t\n\t\tAML\/CFT Policies Controls And Procedures PCPs\n\t\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t\n<p>Yes, under Section 17A.(1)(c) of FIAMLA, the PCPs must be in writing, i.e. reporting persons should document:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>written PCPs;<\/li>\n\n\n\n<li>any changes to those PCPs made as result of a review or update including reports from CO and MLRO;<\/li>\n\n\n\n<li>the steps taken to communicate those policies, controls and procedures, or any changes to them, internally. (For e.g. staff training records); and<\/li>\n\n\n\n<li>record keeping must include all concreate actions taken by reporting persons to communicate those PCPs or any changes made within employees of the organization.<\/li>\n<\/ul>\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A Do reporting persons have the obligation to document the PCPs? Category: AML\/CFT Policies Controls And Procedures PCPs Yes, under Section 17A.(1)(c) of FIAMLA, the PCPs must be in writing, i.e. reporting persons should document: written PCPs; any changes to those PCPs made as result of a review or update including reports from CO and &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.fiumauritius.org\/fiu\/?ufaq=do-reporting-persons-have-the-obligation-to-document-the-pcps\"> <span class=\"screen-reader-text\">Do reporting persons have the obligation to document the PCPs?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"comment_status":"closed","ping_status":"closed","template":"","ufaq-category":[54],"ufaq-tag":[],"class_list":["post-4952","ufaq","type-ufaq","status-publish","hentry","ufaq-category-aml-cft-policies-controls-and-procedures-pcps"],"_links":{"self":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/ufaq\/4952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4952"}],"wp:attachment":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4952"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fufaq-category&post=4952"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fufaq-tag&post=4952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}