ACAMS
CAMS · Question #46
The Wolfsberg Anti-Money Laundering Principles for Private Banking require new clients to be approved by whom?
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
The Wolfsberg Anti-Money Laundering Principles for Private Banking require new clients to be approved by whom?
Options
- AThe board of directors
- BOnly the private banker
- CThe private banker's supervisor
- DAt least one person other than the private banker
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Topics
#Wolfsberg Principles#private banking#client approval#relationship manager oversight