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What evidence do I need for ECCTA Principle 6 — monitoring and review?

Principle 6 requires evidence that your fraud prevention procedures are actively monitored and periodically reviewed — not just adopted once. Evidence includes dated review records, change logs when scope changes, and a defined re-attestation cadence.

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In short

  • Principle 6 requires dated evidence of review cycles — not just an initial adoption record.
  • Scope changes, acquisitions, and new markets are triggers for unscheduled review.
  • Re-attestation cadence for associated persons should be documented and followed.
  • Board sign-off on the review is the strongest evidence of top-level commitment to the cycle.

The six ECCTA reasonable procedures principles are not a one-time checklist. Principle 6 — monitoring and review — requires evidence that the organisation treats its fraud prevention procedures as a living framework, not a static document.

In practice, Principle 6 evidence typically includes: a documented review cycle (annually at minimum, triggered by material scope changes), evidence that the review actually occurred (board minutes referencing the review, dated sign-off from senior leadership), and records of changes made as a result of the review.

A common gap is organisations that completed a risk assessment in 2024 and have not revisited it since. The guidance is clear that procedures must be proportionate to evolving risk — a change in business model, acquisition, or entry into a new market is a trigger for an unscheduled review.

Re-attestation cadence for associated persons is a related requirement: the attestation record should show not just the original attestation date but evidence of periodic re-confirmation. Annual re-attestation is a common standard, though the right cadence depends on the risk profile of the relationship.

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