An organization's automated surveillance system identifies large fluctuations in customer activity. As a result of an audit, the compliance officer is informed that the system is not generating alerts when activity is consistently abnormal over a long period of time. Currently the organization is evaluating new alert scenarios in an attempt to address this problem.Which type of scenario is helpful in mitigating this weakness?
A popular restaurant in town has begun depositing less cash than it has in prior years. In a review of the customer's accounts, you notice that credit card receipts have increased with no explanation.The account officer discovers that the restaurant has installed a privately-owned automated teller machine (ATM) onsite and has begun construction of a patio dining area.Which red flag should trigger additional investigation?
Which aspect of the USA PATRIOT Act impacts foreign financial institutions?
Which two factors assist a money laundering investigation that involves multiple countries? (Choose two.)
A United States (U.S.) bank was recently alerted by law enforcement of an increase in sale of large denomination U.S. bank notes to casas de cambio. They suspect that a Mexican syndicate is operating a money laundering scheme in the bank's jurisdiction.Which two steps should be taken to trace funds through the bank to assist law enforcement in their investigation? (Choose two.)
What is an example of the integration stage of money laundering involving a bank or another deposit-taking institution?
