ACAMS
CAMS · Question #703
Which actions should be taken by a financial institution (FI) when it receives a grand jury subpoena regarding a customer?
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Conducting and Responding to Investigations
Question
Which actions should be taken by a financial institution (FI) when it receives a grand jury subpoena regarding a customer?
Options
- AHave the institution's assigned legal counsel review the subpoena.
- BMake copies of the customer's documents and submit the originals to the enforcement agency.
- CKeep the customer's accounts open at the enforcement agency's verbal request.
- DNotify the customer being investigated before submitting documents.
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Topics
#grand jury subpoena#legal counsel#law enforcement#document production