What are some elements of a Shell Company? (SELECT 2)
John is a Transaction Monitoring Analyst for a local bank in Sydney. He receives an alert a deposit from a client for $50,000USD from Guangzhou in China. What is the main reflag risk here?
Other than automatic alerts, there are Manuel alerts. Who traditionally triggers these manual alerts?
For a manual trigger alert, if the FO are able to provide information, documentation that mitigate the risk, is this enough to cancel the alert?
Questions and Answers PDF 24/37 Automated alerts are able to present Transaction Monitoring professionals with useful intelligence only when? (SELECT 2)
John has reached out to the client asking for a Formal I.D in the periodic reassessment after an alert caused the KYC file to be refreshed. The client has email back a copy of their drivers licence, Is this acceptable?
