ACAMS
CAMS · Question #217
CAMS Question #217: Real Exam Question with Answer & Explanation
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Question
When an institution files an STR with regard to a particular account, what steps should the institution take visa account?
Options
- AThe institution should close the account due to the obvious risk it represents
- BThe institution should keep the account open due to the need to continue to monitor the account
- CThe institution should consult its counsel and AML compliance officer and determine whether
- DThe institution should not close the account due to the risk of tipping off the customer and
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