Canonical Statement
Crypto exposure MUST be explicitly captured during onboarding and periodically refreshed through structured intake that supports portfolio-level assessment and evidence correlation.
Definition
Crypto onboarding intake is the controlled collection of wallet identifiers, service relationships, portfolio scope, and evidence requests needed for CDD, SoF/SoW, and ODD.
Why It Matters
Weak intake creates blind spots that propagate into monitoring, source analysis, and escalation quality.
Failure Mode if Ignored
Portfolio scope remains implicit, off-chain services are missed, and downstream controls operate on incomplete context.
Scope & Non-Claims
This entry is scoped to onboarding and periodic refresh workflows in regulated banking environments in the EU/UK.
This entry does not provide legal advice and requires human validation for final compliance determinations.
Related Concepts
- Wallets and portfolio-level assessment (EU) (model)
- Source of funds vs source of wealth (crypto) (EU) (definition)
- Transaction monitoring and ongoing due diligence (crypto) (EU) (journey)