ACAMS
CAMS · Question #619
CAMS Question #619: Real Exam Question with Answer & Explanation
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Question
What action does the USA PATRIOT Act allow the US government to take regarding financial institutions (Fls) that are based outside of the US?
Options
- AAllow all US regulators to place a non-US FI on the Specially Designated Nationals and Blocked
- BSubpoena documents from Fls that have no presence in the US.
- CRevoke the banking licenses of non-US Fls in countries outside the US.
- DSanction a country when an individual FI does not comply with US law.
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