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Why might some insurers may keep SAR records for more than 5 years? Because the AML regulation may change in the future Because it doesn't

Why might some insurers may keep SAR records for more than

5

years?

Because the AML regulation may change in the future

Because it doesn't cost much to keep SAR longer

Because the insurer may still have financial relations with the customer but initial detection happened more than

5

years ago

Because they forgot to delete it

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