A bank receives an anonymous tip from an employee about another employee through its confidential hotline.Which activity warrants further review?
A bank located in New York has identified suspicious transactions at a correspondent bank in China. For one of the international customers, the correspondent bank is not following agreed upon protocols.Which factor indicates that the bank should terminate the relationship?
Which two channels can be utilized during a cross-border money laundering investigation to assist in gathering information according to Financial Action TaskForce? (Choose two.)
During a law enforcement investigative interview regarding potential money laundering, the suspect starts making assertions and statements that the investigator believes are false.How should the investigator respond?
A bank employee recently opened an account for a new restaurant. Daily cash deposits over a three-month period are close to $9,500.What are two red flags that indicate possible money laundering or terrorist financing? (Choose two.)
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?
