ACAMS
CAMS · Question #727
Which of the following are risk factors a financial institution should examine when onboarding a new corporate customer? (Select Three.)
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AML/CFT Compliance Programs
Question
Which of the following are risk factors a financial institution should examine when onboarding a new corporate customer? (Select Three.)
Options
- AThe type of business the corporate customer is engaged in.
- BThe employment profiles of all employees of the new customer.
- CAll the financial institutions where the new customer currently banks or has banked previously.
- DThe identity of senior managing officials and all individuals authorized to operate the account.
- EThe country or location where the customer is from or conducts business.
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Topics
#corporate customer onboarding#KYC risk factors#customer due diligence#beneficial ownership