According to “Opportunities and challenges of new technologies for AML/CFT” issued by the Financial Action Task Force (FATF), emerging technologies can help with the implementation of an AFC compliance program across the customer lifecycle. Which of the following are frequently used technology implemented in organizations’ AFC control? (Choose three.)
What is the importance of a risk-based approach (RBA) and building controls commensurate with risks?
Gatekeepers, including accountants, can be well positioned to identify and detect changes in the type of work or the nature of a client’s activities.In order to do so, they need to understand the risks associated with: (Choose two.)
Which of the following approaches is best followed when determining the timeline to complete an internal investigation and report a suspicious activity report (SAR) to the local Financial Intelligence Unit (FIU)?
Which of the following is a core element of an anti-financial crime compliance program?
Which two statements in the Wolfsberg Group's `Suppression of the Financing of Terrorism` define the role financial institutions should play in the fight against terrorism? (Choose two.)
