ACAMS
CAMS · Question #516
According to the Financial Action Task Force, as part of their risk assessment, which are important data and information that a Trust and Company Service Provider must understand when establishing…
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AML/CFT Compliance Programs
Question
According to the Financial Action Task Force, as part of their risk assessment, which are important data and information that a Trust and Company Service Provider must understand when establishing and administering a trust? (Select Two.)
Options
- AThe responsibility and authority in the structure
- BThe management structure of the trust
- CThe source of funds in the structure
- DThe general purpose behind the structure
- EThe general nature of business of the trust
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Topics
#Trust and Company Service Providers#FATF requirements#trust risk assessment#beneficial ownership