Question 241
A customer living in a high-risk jurisdiction makes frequent, large cash deposits at a bank. The same customer sends small wire transfers to unrelated parties in other high-risk jurisdictions.
What are two red flags that may indicate money laundering? (Choose two.)
What are two red flags that may indicate money laundering? (Choose two.)
Question 242
What are some of the shortcomings in using letters regulatory? Choose 3 answers
Question 243
A law enforcement agency is reviewing a suspicious transaction report (STR) filed by a financial institution for suspicious activity on a client's account. Subsequently, the agency requests further information.
Which supporting documentation might the law enforcement agency request from the institution to facilitate its investigation?
Which supporting documentation might the law enforcement agency request from the institution to facilitate its investigation?
Question 244
A bank employee reviews wire transactions looking for indications of wire stripping.
Which two actions should the employee take to complete appropriate bank procedures? (Choose two.)
Which two actions should the employee take to complete appropriate bank procedures? (Choose two.)
Question 245
According to the European Union Money Laundering Directives, "knowledge, intent or purpose"' required as an element for money laundering may be inferred from