ACAMS
CAMS · Question #139
A suspicious transaction report has been filed on an account owned by the wife of the bank's Chief Executive Officer. Which of the following is the most important consideration when deciding whether…
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Conducting and Responding to Investigations
Question
A suspicious transaction report has been filed on an account owned by the wife of the bank's Chief Executive Officer. Which of the following is the most important consideration when deciding whether to recommend closing the account?
Options
- AThe institution's anti-money laundering policy
- BRequests from the competent authority
- CCustomer relations
- DChief Executive's reputational risk
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Topics
#STR filing#account closure#compliance independence#senior management