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The compliance officer for a bank is reviewing on-boarding documents for a new business account for a domestic corporation. The officer is unable to verify the identity of the beneficial owners of the company. Only information on the nominee owners was provided, and none of the listed addresses are local. The purpose of the business and future expected activity were disclosed to include cash letters, money orders and international remittance transfers.
Which red flag identifies a heightened money laundering risk?
A. Account signer's government issued identification lists addresses outside of where the branch account was opened
B. The names provided at account opening are identified as the corporation's representative nominees
C. The nature and purpose of the business include international remittance transfers
D. Expected activity was advised to include cash letter and money orders
Answer: B

NEW QUESTION: 2
What is the best definition for self-service? Please choose the correct answer.
A. A feature that allows employees to inform their HR Representative of errors in the system.
B. A feature that allows managers to initiate changes on behalf of their employees without HR assistance.
C. A feature that allows employees to change information in the system.
D. A feature that allows employees to initiate or complete personal data changes without HR assistance.
Answer: D

NEW QUESTION: 3
HSRPに関する正しいステートメントを左から右の真の列にドラッグアンドドロップします。すべてのオプションが使用されているわけではありません。

Answer:
Explanation:

Explanation



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