In which case should an investigator avoid escalating a suspicious event to the chief compliance officer and pursue other channels?
In a SAR/STR narrative concerning Individual
As part of an internal fraud investigation, an AML officer has decided to interview an employee. Which statement is most consistent with best practices?
An investigator is reviewing an alert for unusual activity. System scanning detected a text string within a company customer's account transactions that indicates the account may have been used for a drug or drug paraphernalia purchase. Based on the KYC profile, the investigator determines the customer's company name and business type are marketed as a gardening supplies company. The investigator reviews the account activity and notes an online purchase transaction that leads the investigator to a website that sells various strains of marijuan a. Additional account review detects cash deposits into the account at the branch teller lines, so the investigator reaches out to the teller staff regarding the transactions. The teller staff member reports that the business customers have frequently deposited cash in lower amounts. The teller, without prompting, adds that one of the transactors would occasionally smell of a distinct scent of marijuana smoke. Which information should be included in the SAR/STR?
During a review, an analyst notices discrepancies between a customer's nature of business listed on the business registry and what was stated on the customers application. The analyst should:
A U.S. financial institution (Fl) receives a grand jury subpoena for a corporate client's account. The Fl should:
