Chad

Art. 39(1) requires customer identity records to be kept for at least ten years from account closure and transaction records for at least ten years after the transaction. Art. 39(2) sets five years for certain wire-transfer information held by intermediary institutions.

Art. 15 requires an ML/TF/PF control officer at management level and an independent audit function that periodically tests effectiveness. Art. 27(1) requires internal policies and procedures approved by the policy organ, and Art. 28(d) requires a compliance officer.

Art. 20(1) requires institutions to identify and verify customers before entering a business relationship; Art. 20(3) allows verification only at establishment for low-risk cases. Arts. 21(2) and 21(4) require information to be updated throughout the relationship and transactions to be scrutinised against knowledge of the customer.

Art. 21 states no number of days: a report must not be late relative to the arising of suspicion, and a report made with significant delay cannot claim good faith. Where urgent, any officer or employee may report directly to the financial intelligence unit.

Art. 42(5)(a) requires the originator's VASP to obtain and keep the required originator and beneficiary information and send it forthwith and securely to the beneficiary's VASP or financial institution.