QUESTION 272
Which of the following competent authorities should directly receive suspicious or unusual transaction reports?

QUESTION 273
A large international bank has detected potentially suspicious activity in one of its customer accounts. Following an investigation, the bank has determined the activity to be typical of suspected money laundering.
To which entity should this activity be reported on a suspicious transaction report according to Financial Action Task Force?

QUESTION 274
Which method is indicative of potential money laundering and terrorist financing activity?

QUESTION 275
Which three are principles found in the document “Principles of information Exchange between Financial Intelligence Units (FIUs)”?

QUESTION 276
Which factor should a financial institution (FI) consider prior to sharing customer records within the same jurisdiction?

QUESTION 277
A bank compliance officer has implemented enhanced monitoring rules that have identified some unusual activity that may be indicative of human trafficking.
Which red flag should prompt additional transactional review?

QUESTION 278
What is a tool governments and multi-national bodies can use to prevent the proliferation of weapons of mass destruction?

QUESTION 279
An anti-money laundering specialist at a large institution is responsible for information senior management about the status of the anti-money laundering program across the organization.
Which report is the most useful?

QUESTION 280
What is the appropriate compliance control for identifying politically exposed persons (PEPs) according to the Basel Committee’s paper on Customer Due Diligence for Banks?

QUESTION 281
A local law enforcement officer, who is conducting a criminal investigation, requests information about a customer.
Which two actions should the bank take? (Choose two.)

QUESTION 282
Which indicator should be suspicious to a compliance officer at a brokerage firm?

QUESTION 283
A Trust and Company Service Provider (TCSP) providing services should have policies and procedures in place to identify critical information of the:

QUESTION 284
A company is endorsing the execution of terrorism through different activities, such as developing content for pro-terrorist television messages, encouraging the support of terrorist activities via the web, advertising the use of cryptocurrencies, and paying producers and reporters for television and web messaging. What specific action should be considered financing of terrorism?

QUESTION 285
What three attributes do havens for money laundering and terrorist financing typically have? Choose 3 answers

QUESTION 286
A personal banking customer who simultaneously opens several accounts will most likely cause further inquiry in which of the following scenarios?

QUESTION 287
A quarterly review is conducted on a retail customer’s account at a bank located in a jurisdiction with currency reporting thresholds. A number of large deposits of financial instruments drawn on other institutions in amounts under thresholds were noted. This activity did not fit the account’s historical profile. A suspicious transaction report will most likely be filed if what also occurred?