gracielle
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- Jun 6, 2005
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5 August 2019
This will be effective as of the end of the year. The companies that issue credit and debit cards should start keeping track of their clients' movements
and keep them for a decade....
....The corresponding resolution bears the number 76, and indicates that all issuing card entities will have to evaluate background, activities
and behavior at the beginning and throughout the commercial relationship....It is also obliged to have data on residence, nationality, estimated income,
consumption, transactions made, equity, activity performed by the client, whether it is a legal or physical person and the means of payment used....
....Issuing companies are considered by the new regulation as Subjects Obliged to provide information....
....The firms must keep the documents of the operations carried out by their clients for a period of not less than 10 years, counted from the date
of the operation in a digital manner and protected against unauthorized access.
....Likewise, companies must make an annual report on the consolidation of the operations they carried out throughout the year.
On the other hand, the measure foresees that the client authorizes a card issuing company to share their information with other companies obliged
to keep control over money laundering or terrorist financing, such as banks.
Controlarán movimiento de las tarjetas
Se trata de una medida dispuesta por la Unidad de Información Financiera (UIF) para prevenir el lavado de activos y el financiamiento del terrorismo. La misma va a comenzar a regir a partir de fin de año.
www.ambito.com
Controlarán movimiento de las tarjetas
Se trata de una medida dispuesta por la Unidad de Información Financiera (UIF) para prevenir el lavado de activos y el financiamiento del terrorismo. La misma va a comenzar a regir a partir de fin de año.
translate.google.com
and keep them for a decade....
....The corresponding resolution bears the number 76, and indicates that all issuing card entities will have to evaluate background, activities
and behavior at the beginning and throughout the commercial relationship....It is also obliged to have data on residence, nationality, estimated income,
consumption, transactions made, equity, activity performed by the client, whether it is a legal or physical person and the means of payment used....
....Issuing companies are considered by the new regulation as Subjects Obliged to provide information....
....The firms must keep the documents of the operations carried out by their clients for a period of not less than 10 years, counted from the date
of the operation in a digital manner and protected against unauthorized access.
....Likewise, companies must make an annual report on the consolidation of the operations they carried out throughout the year.
On the other hand, the measure foresees that the client authorizes a card issuing company to share their information with other companies obliged
to keep control over money laundering or terrorist financing, such as banks.