Client A is flagged for a high volume of outgoing transfers. Further investigation reveals Client A has a potentially key role in a network linked to human trafficking. After filing a suspicious…

Question

Options

• APrepare a summary for senior management recommending client off-boarding.
• BInform other local financial institutions about the client so they can halt potential services.
• CRestrain or block the client's account(s) until law enforcement makes an arrest.
• DContact the Federal Bureau of Investigation (FBI) to communicate the investigation findings.

• A
  73% (27)
• B
  16% (6)
• C
  3% (1)
• D
  8% (3)

Explanation

After filing a suspicious activity report (SAR), an investigator should prepare a summary for senior management recommending client off-boarding. This is because client off-boarding is a risk- based decision that requires senior management approval and may involve legal considerations. Informing other local financial institutions about the client, restraining or blocking the client's account(s), or contacting law enforcement directly are not appropriate actions for an investigator to take after filing a SAR, as they may compromise the confidentiality of the SAR, violate privacy laws, or interfere with ongoing investigations.

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