ACAMS
CAMS · Question #910
Which of the following risk factors are considered by many supervisory authorities as representing a higher inherent risk associated with MSBs? (Select Two.)
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Which of the following risk factors are considered by many supervisory authorities as representing a higher inherent risk associated with MSBs? (Select Two.)
Options
- AThe use of new technologies to facilitate the onboarding of customers remotely
- BThe prevalence of international wire transfers
- CDomestic business with small and medium-sized enterprises
- DThe cash-intensive nature of the services offered
- EThe use of digital channels and traceable payment methods
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Topics
#MSB risk#inherent risk#cash-intensive businesses#wire transfers