Can a transaction, individual or entity be deleted or archived within easyAML?
Yes - available for CO and 2IC CO roles. This ensures auditability, and AML compliance, and ensures nothing is lost.
- Archiving is only available to CO and 2IC CO roles. This ensures audibility, AML compliance, and that a deliberate decision has been made.
- Records are archived rather than deleted, so you retain a full audit trail at all times. Archived records are hidden from normal lists but never deleted.
- Completed transactions cannot be archived, as they are required for compliance records.
- Individuals and entities linked to a transaction must be removed from all transactions before they can be archived.
Archiving a Transaction
A transaction can only be archived if it is not completed and has no individuals or entities associated with it.
- If the transaction is completed (e.g. it was created for testing or practice), select Amend Completed Transaction and follow the steps in the transaction record.
- Select Remove on each Individual and Legal Entity in the transaction. (This removes them from the transaction only - it does not archive them.)
- Select the Archive button.
Archiving an Individual
- Open the Individual’s record.
- Select the Archive button in the top right of the record.
Individuals linked to a transaction must first be removed from all transactions.
Archiving an Entity
- Open the Entity’s record.
- Select the Archive button in the top right of the record.
Entities linked to a transaction must first be removed from all transactions.
Restoring archived records
- Go to Transactions > Archived (open directly) or Entities > Archived (open directly), depending on the record type.
- Select Unarchive on the record and follow the steps.