ACAMS
CAMS · Question #106
What are two requirements of United States financial institutions when conducting business with an international institution as a result of the USA PATRIOT Act? (Choose two.)
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
What are two requirements of United States financial institutions when conducting business with an international institution as a result of the USA PATRIOT Act? (Choose two.)
Options
- APerforming enhanced due diligence on shell banks
- BPerforming due diligence on correspondent accounts
- CVisiting the head office of the international financial institution
- DComplying with Special Measures issued under the USA PATRIOT Act
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Topics
#USA PATRIOT Act#correspondent banking#enhanced due diligence#shell banks