ACAMS
CAMS · Question #483
Money laundering can cause which consequences for a financial institution? (Select Two.)
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Money laundering can cause which consequences for a financial institution? (Select Two.)
Options
- AIncreases in corporate taxes
- BIncreases in investigation costs and fines
- CReduction in number of employees
- DReduction or loss of profitable business
- EIncreases in correspondent banking facilities
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Topics
#institutional risk#reputational risk#financial penalties#investigation costs