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CAMS · Question #755

CAMS Question #755: Real Exam Question with Answer & Explanation

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Question

Which of the following scenarios warrants enhanced due diligence (EDD)? (Select Three.)

Options

  • AThe former personal secretary to the minister of transport in a low-risk country 25 years ago
  • BAn existing local league footballer trying to open a bank account with a bank in their local
  • CA bank located in a higher-risk country trying to establish a correspondent-respondent banking
  • DAn individual with a current bank account who resides in one country becoming the ambassador
  • EThe current prime minister of a country trying to open a bank account in another country.

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