cams question 352 discussion

Question 352

A foreign bank maintains a correspondent account in the US. According to an investigation carried
out by US authorities, the specific correspondent account seems to have facilitated a transaction
involving tainted funds. Which allows the US authorities to seize the funds of the foreign bank held
with the US bank?

• A. The FinCEN CDD Final Rule
• B. The 6th EU AML Directive
• C. Regulations of the OFAC, US Department of Treasury
• D. The USA PATRIOT Act Most Votes