ACAMS
CAMS · Question #553
According to the Financial Action Task Force Special Recommendations on Terrorist Financing, which of the following should an anti-money laundering specialist do if the specialist has reasonable groun
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
According to the Financial Action Task Force Special Recommendations on Terrorist Financing, which of the following should an anti-money laundering specialist do if the specialist has reasonable grounds to suspect funds are linked or related to terrorist acts?
Options
- AConduct a full due diligence review of the client.
- BInform the institution's managing Board.
- CContact the institution's legal advisor.
- DPromptly report to the competent authority.
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Topics
#FATF Special Recommendations#terrorist financing#reporting obligations#STR