ACAMS
CAMS · Question #597
CAMS Question #597: Real Exam Question with Answer & Explanation
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Question
A customer of a bank is an established art dealer. Within the KYC due diligence processes, which constitutes a triggering event that requires ongoing due diligence on this client?
Options
- AThe customer specializes in art sale and hire, and recently started an art selection consulting
- BThe customer keeps adding artwork service providers to the payment beneficiary list.
- CThe customer moves their headquarters from New Zealand to China and opens a branch in
- DThe owner wants to exchange foreign currency for an overseas business travel.
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