ACAMS
CAMS · Question #124
CAMS Question #124: Real Exam Question with Answer & Explanation
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Question
Which three statements are true about on-line banking offering a significant money laundering risk to a financial institution?
Options
- AThe nature of on-line banking can make it difficult to establish who is controlling the account
- BThe ease of access through the internet enables cross border movement of funds
- CDue to client confidentiality, information collected on-line cannot be shared with law enforcement
- DThe speed of electronic transaction enables execution of multiple complex transactions within
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