Yes, KYB (Know Your Business) information must be regularly updated to ensure all records remain accurate. Businesses should consistently monitor their transactions to detect any suspicious activity and ensure that business information is always current and correct.
For more information:
https://oxsecurities.com/account/client-verification-process/
https://oxsecurities.com/about-us/legal-documents/
https://oxsecurities.com/trading-accounts/account-types/
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