ACAMS
CAMS · Question #493
Which red flags should be considered prior to establishing a relationship with a third party? (Select Two.)
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AML/CFT Compliance Programs
Question
Which red flags should be considered prior to establishing a relationship with a third party? (Select Two.)
Options
- AThe third party has a lack of anti-corruption compliance clauses in agreements.
- BThe third party's amount to be paid for goods and services appears to be reasonable.
- CThe third party has requested unusual payment or billing procedures.
- DThe third party has a declaration of non-family or business ties with government officials.
- EThe third party has sufficient capability to provide the services or goods for which it is being
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Topics
#third-party due diligence#red flags#anti-corruption#unusual payment procedures