Question 191
As a result of an audit, a policy exception was identified that had been approved by the compliance officer.
The auditor determined that the policy exception is a violation of a regulatory requirement.
What should the auditor do?
The auditor determined that the policy exception is a violation of a regulatory requirement.
What should the auditor do?
Question 192
According to the Financial Action Task Force 40 Recommendations, Designated Non-Financial Businesses and Professionals include which entities?
Question 193
A branch manager for a small community bank has a new customer who deposits four EUR 50,000 checks into one account. Shortly thereafter, the customer goes to another branch and asks to transfer all but EUR 1,500 to three accounts in different foreign jurisdictions.
Which suspicious activity should be the focus of the suspicious transaction report?
Which suspicious activity should be the focus of the suspicious transaction report?
Question 194
Which two methods have terrorist groups used to diversify their revenue stream and to fund their operations?
(Choose two.)
(Choose two.)
Question 195
What was the topic the Wolfsberg Group's first guidance addressed?