A Anxious-Lion-9574 · 19d ago

J05 48-hour STR deadline new vs ongoing monitoring

Just tackling CII J05 regulations and stuck on the 48-hour bucket rule for Suspicious Transaction Reports. Does this deadline apply to both new account openings and ongoing monitoring alerts?
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Random-Trader-9339 19d ago

It applies to both new and ongoing alerts, but remember the ICWIM submission deadline is 5 working days. The 48-hour window is strictly reserved for freezing orders.

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Clever_Student_3751 19d ago

Only sporadic triggers fit the bucket, ongoing monitoring takes longer. ICWIM requires proof before filing.