Where applicable the supplier shall apply the corrective action taken, andcontrolsimplemented, toeliminatethecauseofnonconformitytoothersimilarprocessesandproducts.
Enterprises thereby can assemble the appropriate detective, corrective and preventive controls required to provide a 360 degree control over identity and access.
The Bank shall install a monitor for a term of at least two years who will report directly to DFS and who will evaluate the money-laundering risk controls in the New York branch and implementation of appropriate corrective measures.