A compliance officer identifies a potentially significant risk in a popular financial product. Further investigation reveals there is no mitigating control. Which course of action should the compliance officer take?
Which factor should a bank consider before sharing information about a customer with its broker - dealer affiliate in the case of an investigation?
In which situation can money laundering adversely affect a country’s currencies and interest rates due to launderers investing dirty funds?
What types of things should an institution incorporate in it AML policies and procedures? Choose 3 answers
What three attributes do havens for money laundering and terrorist financing typically have? Choose 3 answers
A bank account is established for a new business customer. The business was established five years ago with an address in another state. The business website contains few details other than stating it is a real estate business. One principal has an international telephone number and appears to be living in another country. The other principal works out of a recreational vehicle. What warrants enhanced due diligence in this scenario?
