Backbone module · Wave 2

Transactions that know their customer.

Reporting on the Baseline Standards indicates that a monitoring tool running on transaction data alone — without effective linkage to CDD, KYC/KYB and customer-risk data — would not meet the bar. This layer closes the linkage: every transaction is joined to the customer behind it before a single rule fires.

Paraphrased from reporting on the circular, not a verbatim quote — verify exact wording against the published Baseline Standards.