31 CFR 1020.220
CIP Compliance Execution
Customer Identification Program
Customer Identification Program requirements mandate verification of customer identity at account opening. Canarie helps you execute CIP compliance through automated workflows for identity verification, document collection, and compliance monitoring.
Key Requirements
The Compliance Execution Challenge
Most institutions struggle with recurring CIP Compliance Execution requirements. Policy reviews get missed, attestations are chased manually, and evidence is scattered across systems. When examiners ask for proof, teams scramble to piece together documentation.
The Canarie Execution Layer
Canarie transforms CIP Compliance Execution compliance from periodic scrambles into continuous execution. Recurring tasks are automated, evidence is captured as work is completed, and proof of compliance is always ready for examiners.
Automated Workflows
Recurring compliance tasks are scheduled, assigned, and tracked automatically.
Evidence Capture
Evidence is captured automatically as compliance work is completed. No manual collection.
Audit Trails
Complete audit trails show who did what, when, with immutable records.
Examiner-Ready Export
Export organized evidence packages in formats examiners expect.
Non-Compliance Risks
Frequently Asked Questions
Related Regulations
31 CFR Chapter X
BSA/AML Compliance Execution
Execute BSA/AML compliance with automated workflows for customer due diligence, transaction monitoring, and suspicious activity reporting.
31 CFR Chapter V
OFAC Compliance Execution
Execute OFAC compliance with workflows for sanctions screening, match review, and blocked property reporting.
Automate Your CIP Compliance Execution
See how leading institutions execute compliance with confidence.