ACAMS
CAMS · Question #503
CAMS Question #503: Real Exam Question with Answer & Explanation
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Question
Sanctions screening requirements include that a financial institution should:
Options
- Areport an individual whose name appears on a sanctions list to the police.
- Bimmediately freeze the bank account of an individual that appears on a sanctions list.
- Ccompare customer and transaction records against periodically updated sanctions lists provided
- Dimmediately close the bank account of an entity who appears on a sanctions list.
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